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TTFB profit misses consensus by 36.1% in Q1

4910079 said its normalized net income for the first quarter amounted to NT$2.85 per share, compared with the S&P Capital IQ consensus estimate of NT$4.46 per share.

EPS increased 12.3% year over year from NT$2.54.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$66.4 million, a gain of 12.3% from NT$59.1 million in the prior-year period.

The normalized profit margin fell to 6.7% from 6.8% in the year-earlier period.

Total revenue increased 15.0% on an annual basis to NT$997.4 million from NT$866.9 million, and total operating expenses climbed 15.1% from the prior-year period to NT$891.8 million from NT$774.9 million.

eported net income increased 10.7% on an an TTFB Co. Ltd..