Earnings Alerts

Montage Technology (688008) Earnings: 1H Net Income Surges 613% to 662% with Robust Revenue Growth

  • Impressive Net Income Growth: Montage Technology’s preliminary net income increased by 613% to 662% in the first half of 2024.
  • Net Income Figures: The preliminary net income ranges between 583 million yuan and 623 million yuan.
  • Revenue Boost: The company’s preliminary revenue reached 1.67 billion yuan.
  • Analyst Consensus: The stock has received 22 buy recommendations, with no holds or sells.

A look at Montage Technology Smart Scores


Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Montage Technology Co., Ltd., a company specializing in the manufacturing of electronic components, is shaping up positively for the long term. According to Smartkarma Smart Scores, Montage Technology stands out with a strong Resilience score of 5, indicating the company’s ability to weather uncertainties and maintain stability in the face of challenges. Momentum is another key factor driving Montage Technology forward, with a score of 5, suggesting the company is gaining traction in the market.

Additionally, Montage Technology shows promising Growth prospects with a score of 3, hinting at the potential for expansion and development. While the Value and Dividend scores are not as high, there is still room for improvement in these areas. Overall, Montage Technology’s diversified product range, including memory interface chips and consumer electronics cores, positions it well to capitalize on opportunities in memory, server, cloud computing, and other sectors, making it an intriguing company to watch in the coming years.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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