Yageo Earnings: AI Demand and Tight MLCC Supply Support Lasting Margin Gains; Fair Value Up 8%
Yageo's third-quarter revenue rose 49.7% year on year, while operating profit jumped 93.1%. Artificial intelligence-related sales grew, lifting their revenue share to 20% from 16% in the previous quarter. Gross margin reached 41.0%, exceeding 40% for the first time in about five years.