trending Market Intelligence /marketintelligence/en/news-insights/trending/HvJDdaXTs4I-Bb0LqeFLkA2 content esgSubNav
In This List

E-Lead Electronic profit misses consensus by 46.9% in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


E-Lead Electronic profit misses consensus by 46.9% in Q1

E-Lead Electronic Co. Ltd. said its first-quarter normalized net income came to 60 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of NT$1.13 per share.

EPS decreased 38.8% year over year from 98 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$71.2 million, a decrease of 38.8% from NT$116.4 million in the prior-year period.

The normalized profit margin declined to 8.2% from 12.2% in the year-earlier period.

Total revenue fell 9.0% year over year to NT$867.1 million from NT$952.4 million, and total operating expenses fell year over year to NT$764.0 million from NT$779.2 million.

Reported net income declined 32.8% on an annual basis to NT$95.0 million, or 80 cents per share, from NT$141.4 million, or NT$1.19 per share.

As of May 11, US$1 was equivalent to NT$30.76.