Q2 2024 Integrated Micro-Electronics Inc Earnings Call Transcript

Author's Avatar
Aug 08, 2024

Aug 08, 2024 / 06:00AM GMT
Alexis Brian Jalijali - Integrated Micro-Electronics Inc - Investor Relations Officer

CEO, Louis Hughes; our CFO, Robert Heese; our President, Jerome Tan; and our VP for Finance Laurice Dela Cruz. I'll start it off, going through some general market outlooks that are affecting, IMI and rest of the EMS industry.

On a GDP basis, the latest forecasts out of the IMF world bank bar, typically a steady growth rate across the world. There are pockets that are experiencing better growth. Some that are lagging behind like Japan is forecasting historical growth for this year and then a slight recovery for next year. European zone is showing steady growth from '23, '24 and '25, they were lagging behind the other regions coming out of COVID, but looks like that they'll be making the recovery the next two years.

There is some uncertainty in China at the moment with the upcoming US Presidential elections. The bookmakers in the states are saying that -- like some bookmakers are saying that Trump is slightly more favored to win over the Democratic candidate. And the analysts are saying this would mean a

Already have an account? Log in
Get the full story
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...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot