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E-Lead Electronic profit misses consensus by 75.2% in Q1

4912415 said its first-quarter normalized net income amounted to 14 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of 55 cents per share.

EPS fell 77.2% year over year from 60 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$16.2 million, a decline of 77.2% from NT$71.2 million in the prior-year period.

The normalized profit margin dropped to 2.5% from 8.2% in the year-earlier period.

Total revenue declined 26.0% year over year to NT$641.5 million from NT$867.1 million, and total operating expenses decreased 18.2% from the prior-year period to NT$625.1 million from NT$764.0 million.

eported net income fell 93.8% year over year E-Lead Electronic Co. Ltd.