[Featured Stock] Simtek Expected to Return to Profit in Q3, 'Rising'
Simtek is on the rise. It appears that securities firms' analysis, which expects a reduction in losses in the second quarter and a return to profitability from the third quarter, has had an impact.
As of 9:47 AM on the 25th, Simtek was trading at 35,750 KRW, up 750 KRW (2.14%) compared to the previous trading day.
Park Kang-ho, a researcher at Daishin Securities, said, "Second-quarter sales are expected to be 242.1 billion KRW, with an operating loss of 23.7 billion KRW," adding, "In the third quarter, sales of 282.4 billion KRW and an operating profit of 6.3 billion KRW are expected." He further stated, "As memory companies' shipments increase in earnest, profitability recovery is expected to accelerate."
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He emphasized, "Memory companies (Samsung Electronics, SK Hynix, Micron) are expected to increase shipments centered on DDR5," and added, "With demand recovery in servers accompanying this, it will enter the normalization phase (third quarter)."
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