Parade Technologies Ltd (LUX:188895)

Q4 2024 Parade Technologies Ltd Earnings Call Transcript

Feb 05, 2025 / 06:00AM GMT

Release Date Price: $26.4

Transcript

Key Points

Positve

Parade Technologies Ltd (ROCO:4966) reported a year-over-year revenue increase of 6.07% for Q4 2024, reaching USD127.41 million.
The company's fiscal year 2024 consolidated revenue grew by 14.63% compared to the previous year, totaling USD505.81 million.
Net income for fiscal year 2024 was USD80.6 million, a significant increase from USD64.97 million in the prior year.
The USB4 product line showed significant growth in 2024, with expectations for continued success in 2025.
Parade Technologies Ltd (ROCO:4966) is optimistic about growth in the high-end notebook segment driven by AI, which could outperform industry unit growth.

Negative

Q4 2024 revenue decreased by 6.48% sequentially, indicating potential short-term challenges.
Gross profit for Q4 2024 decreased by 7.22% from the previous quarter.
The company faces intense price competition in the panel industry, particularly from Chinese manufacturers.
There is uncertainty regarding the timing of revenue generation from new ASIC-like products, which may not contribute until next year or later.
The company's exposure to the server market is currently limited, with revenue contributions less than USD10 million.

Operator

Welcome, everyone, to Parade Technologies Limited 2024 Q4 webcast investor conference. Investor Relations of Parade Technologies, Mr. Yo-Ming Chang, will present 2024 Q4 and fiscal-year 2024 financial results first.

(Operator Instructions) And after the presentation, there will be a question-and-answer session in English by CEO, Dr. Jack Zhao; and VP of Finance, Mr. Kuowei Wu. And we also will remain last 15 minutes for the attendees who would like to ask questions in Chinese. Please follow the instructions given at that time if you would like to ask a question. (spoken in Chinese)

And now, I would like to introduce Mr. Yo-Ming Chang, Investor Relations of Parade Technologies. Mr. Chang, please begin. (spoken in Chinese)

Yo;Ming Chang

Parade Technologies Ltd - Corporate Governance Officer

Thanks, Jason. Welcome, everyone, to Parade Technologies 2024 Q4 webcast investor conference.

Parade Technologies' fourth quarter 2024 consolidated revenue was USD127.41 million, and the net income was USD21.3 million. With both

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.