Reported 8 months ago
Peng Weilin/Taipei reported on June 24, 2024, at 4:10 pm, the Apple iPhone 16 series is set to be released in the fall, featuring AI applications that will spark a new wave of upgrades. Merry (2439) hit a new high in intraday trading on the 24th, with foreign net purchases of 3,902 lots, drawing attention to its future prospects. Merry's revenue in May was NT$3.512 billion, up 11.51% year-on-year, with accumulated revenue from January to May reaching NT$15.376 billion, a 19.61% increase from the previous year. Analysts predict a 20% increase in revenue for the second quarter, with higher headphone sales contributing to a gross profit margin surpassing the first quarter's 12.57% and an EPS exceeding NT$2. They noted that the demand for headphones, particularly entertainment and gaming headsets, continues to rise, supported by new products and orders from major American customers. Merry emphasized that this year's headphone product momentum is being driven by entertainment, commercial, and gaming headsets, with strong demand for headphones, low customer inventories, and continuous order additions leading to overall revenue growth. * [Warrant investments come with risks. The information provided here is for reference only and does not constitute an invitation, solicitation, or any other advice or recommendation. Readers are advised to use caution.] For more Commercial Times reports: Sanli Multifaceted Assistance Boosts TSMC's Dominance in PCB Industry Embracing Digital Transformation Epidemic Collaboration for Information Modeling Public Funds Shows Brand Effects in Regular Investment
Source: YAHOO