Affirm stock soars as Q1 earnings smash expectations, guidance lift
Investing.com -- Aoi Electronics reported second-quarter sales of ¥9.84 billion, up from ¥9.32 billion in the first quarter, representing an 8% year-over-year increase. Operating profit for the quarter reached ¥252 million, compared to ¥223 million in the previous quarter, marking a 42% year-over-year growth.
For the first half of the fiscal year, the company posted sales of ¥19.2 billion, meeting its planned target. Operating profit for the same period came in at ¥475 million, exceeding the planned ¥400 million. While sales grew 9% compared to the same period last year, operating profit decreased by 12% year-over-year.
The company maintained its full-year sales guidance for the fiscal year ending March 2026 at ¥38.8 billion but revised its operating profit forecast upward from ¥500 million to ¥700 million. This new guidance targets an 11% increase in sales and a 60% jump in operating profit compared to the previous fiscal year.
To achieve these targets, Aoi Electronics will need to generate second-half sales of ¥19.6 billion, slightly higher than the ¥19.2 billion recorded in the first half. However, the company projects second-half operating profit of ¥225 million, less than half of the ¥475 million achieved in the first half.
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