中际旭创：Solid 3Q with intact near-term prospects; Maintain BUY

24 Oct 2024 Earnings Summary CMB International Global Markets | Equity Research | Company Update Innolight (300308 CH) Solid 3Q with intact near-term prospects; Maintain BUY Innolight released its 3Q results. Revenue went up by 115.2% YoY/9.4% QoQ, while net profit went up by 104.4% YoY/3.3% QoQ, in-line with our expectations. Mgmt. attributed the slower sequential revenue growth (9.4% in 3Q24 vs. 31.3%/23% in 1Q/2Q24) to two main factors: 1) supply chain bottlenecks of key components (like DSPs & EMLs), an ...