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Advantest Corporation (ATEYY)
OTHER OTC:ATEYY
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
$0.35Last Year’s EPS
$0.2Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: 5.82%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Neutral
While there are promising opportunities in generative AI and improved sales in memory testers, the overall business environment is challenging with significant declines in SoC tester sales and a lowered financial forecast. Therefore, the sentiment is balanced but leans slightly negative due to the revised financial outlook.Company Guidance
During the FY 2023 Q2 earnings call for Advantest (symbol: 6857.T), the company provided detailed financial guidance and outlooks. Sales in the second quarter increased, with SoC tester sales reaching JPY 62.5 billion and memory tester sales at JPY 18.7 billion, despite a challenging business environment. The gross profit margin fell due to a deteriorating product mix, while operating income margin improved partly due to the depreciation of the JPY against the USD. The interim dividend was set at JPY 65 per share. For FY 2023, Advantest revised its full-year sales forecast to JPY 470 billion, down by JPY 10 billion from July, with a gross profit margin expectation of around 50%. SoC tester sales are anticipated to decrease significantly year-on-year, while memory tester sales are expected to increase due to high-performance memory applications like DDR5 and HBM. The company also highlighted new business opportunities arising from generative AI, projecting a 30% to 40% annual growth in HBM demand. Operating margin was revised to below 20%, with efforts to manage costs and improve inventory management underway.Improved Memory Tester Sales
Memory tester sales increased by JPY 9.4 billion quarter-on-quarter, with a notable increase in sales for high-performance DRAM, including generative AI.
Strong Performance in South Korea
Sales of memory testers grew substantially in South Korea, driven by marked growth in DRAM sales.
Generative AI Business Opportunities
There has been concrete progress in business opportunities arising from generative AI, which is expected to drive tester demand growth over the medium term.
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ATEYY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATEYY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $54.82 | $60.77 | +10.85% |
| Jul 31, 2024 | $36.35 | $43.85 | +20.63% |
| Apr 26, 2024 | $34.68 | $32.15 | -7.30% |
| Jan 31, 2024 | $38.79 | $39.73 | +2.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Advantest Corporation (ATEYY) report earnings?
Advantest Corporation (ATEYY) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Advantest Corporation (ATEYY) earnings time?
Advantest Corporation (ATEYY) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATEYY EPS forecast?
ATEYY EPS forecast for the fiscal quarter 2024 (Q3) is $0.35.
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