Q2 2024 Integrated Micro-Electronics Inc Earnings Call Transcript
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
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... |