• Get an in-depth perspective on DigitalOcean Holdings' performance by reading our health report here.

• Review our historical performance report to gain insights into DigitalOcean Holdings''s past performance.

Chroma ATE

Simply Wall St Growth Rating: ★★★★★☆

Overview: Chroma ATE Inc. designs, assembles, manufactures, sells, repairs, and maintains a range of software and hardware products for computers and peripherals as well as automatic test systems and electronic instruments across Taiwan, China, the United States, and internationally with a market cap of NT$137.28 billion.

Operations: Chroma ATE Inc. generates revenue primarily from its Measuring Instruments Business, which contributes NT$29.52 billion, and Automated Transport Engineering, contributing NT$1.58 billion. The company's operations span Taiwan, China, the United States, and internationally.

Chroma ATE's recent financial performance highlights its robust growth trajectory, with Q2 2024 revenue reaching TWD 5.52 billion, up from TWD 4.42 billion a year ago. The company's net income surged to TWD 1.41 billion compared to TWD 1.02 billion last year, reflecting a significant improvement in profitability. R&D expenses have been substantial, contributing to innovative advancements and maintaining their competitive edge; this is evident as earnings are forecasted to grow at an impressive annual rate of 21.1%. With a focus on high-quality earnings and expected revenue growth of 14.1% annually, Chroma ATE continues to solidify its position in the tech sector despite industry volatility.

• Click to explore a detailed breakdown of our findings in Chroma ATE's health report.

• Gain insights into Chroma ATE's historical performance by reviewing our past performance report.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqGS:CORZ NYSE:DOCN and TWSE:2360.

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