Pegatron (stock code 4938) reported October consolidated revenue of NT$188.075 billion, declining 12.4% month-over-month while surging 59.6% year-over-year, marking the second-highest monthly revenue on record. The stock fell below its 5-day moving average today with a decline exceeding 1%, pressured by four consecutive sessions of foreign investor selling and the significant monthly revenue contraction. Despite AI server shipment growth, the company's highest-revenue product segment—communication products—experienced a decline in October, offsetting gains in information products, consumer electronics, and servers.
Pegatron Reports NT$188.075 Billion October Revenue
Pegatron's October consolidated revenue reached NT$188.075 billion, representing a 12.4% decrease from September and a 59.6% increase compared to October of the previous year. The figure marks the second-highest monthly revenue in the company's history. Foreign institutional investors sold Pegatron stocks for four consecutive sessions, contributing to today's stock price weakness.
Communication Products Decline Offsets Server Growth
Pegatron stated that information products and consumer electronics both grew compared to September, with server products showing larger growth. However, communication products—which hold the highest revenue share among the company's product lines—declined during October. All three major product lines showed growth compared to October of the previous year.
Pegatron Achieves Record NT$1.096 Trillion in First 10 Months
Pegatron's consolidated revenue for the first 10 months reached NT$1.096 trillion, surpassing the trillion-dollar threshold and representing a 19.6% year-over-year increase. This figure sets a record high for the same period in company history. Monthly revenue has remained above the NT$100 billion level for two consecutive months.
Company Highlights AI Server Shipments
The company previously released its fourth-quarter operational outlook, expressing optimism about AI server shipment performance. Pegatron stated that AI server growth can effectively offset the impact of weak market conditions in mobile phones and consumer products.
FAQ
What was Pegatron's October revenue performance?
Pegatron reported October consolidated revenue of NT$188.075 billion, down 12.4% from September but up 59.6% year-over-year, representing the second-highest monthly revenue in company history.
Why did Pegatron stocks decline today?
Pegatron stocks fell below the 5-day moving average with a decline exceeding 1%, driven by four consecutive sessions of foreign investor selling and the 12.4% month-over-month revenue decrease in October.
Which product segment caused Pegatron's October revenue decline?
Communication products, which hold the highest revenue share among Pegatron's product lines, declined in October despite growth in information products, consumer electronics, and server products compared to September.
