Innocare Optoelectronics Corp.TWSE: 6861

InnoCare Optoelectronics: Q1 2024 saw 17% revenue growth and doubled net income, with EPS up to NT$1.03

· Issued by Innocare Optoelectronics Corp.

Q1 2024 revenue grew 17% year-over-year to NT$536.8 million, with net income doubling to NT$42.9 million and EPS rising to NT$1.03. Gross margin improved to 27%, and management expects continued growth in medical X-ray sensor demand.

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