Yahoo Finance Silverlake Axis Second Quarter 2024 Earnings: EPS: RM0.016 (vs RM0.017 in 2Q 2023)
Silverlake Axis (SGX:5CP) Second Quarter 2024 Results
Key Financial Results
Revenue: RM208.2m (up 1.9% from 2Q 2023).
Net income: RM39.8m (down 4.7% from 2Q 2023).
Profit margin: 19% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses.
EPS: RM0.016 (down from RM0.017 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Silverlake Axis Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Asia.
Performance of the market in Singapore.
The company's shares are down 2.0% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Silverlake Axis' balance sheet.
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