Inari shares slip, analysts slash earnings forecasts after underwhelming 2Q
By Yu Jien Lim
3.6% year-on-year increase in net profit for the three months ended Dec 31, 2024 (2QFY2025).
Revenue contracted by 15.7% to RM348.97 million from RM414.08 million in 2QFY2024,
Optoelectronic segment and volume loading is likely to remain low until the new 800G capacity becomes operational in the Philippines sometime in June 2025.
There are now two 'buy', three 'hold' and no 'sell' calls.
Source: theedgemalaysia.com
https://theedgemalaysia.com/node/745321
