TDK Q1 2024 Earnings Report

TDK EPS Results

• Actual EPS: $0.28
• Consensus EPS: $0.43
• Beat/Miss: Missed by -$0.15
• One Year Ago EPS: N/A

TDK Revenue Results

• Actual Revenue: $3.67 billion
• Expected Revenue: $3.11 billion
• Beat/Miss: Beat by +$558.97 million
• YoY Revenue Growth: N/A

TDK Announcement Details

• Quarter: Q1 2024
• Date: 8/2/2023
• Time: N/A

TDK (OTCMKTS:TTDKY), together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments. The Passive Components segment offers ceramic capacitors, aluminum electrolytic capacitors, film capacitors, high-frequency components, piezoelectric materials, and circuit protection components, as well as inductive devices, including ferrite cores, coils, and transformers. The Sensor Application Products segment provides temperature and pressure, magnetic, and MEMS sensors. The Magnetic Application Products segment offers hard disk drives (HDD) heads, HDD suspension assemblies, and magnets. The Energy Application Products segment provides energy devices comprising rechargeable batteries, and power supplies. The Other segment provides mechatronics production equipment and camera module micro actuators for smartphones and other products. The company also engages in engages in insurance and real estate agency businesses. The company was formerly known as Tokyo Denki Kagaku Kogyo K.K. and changed its name to TDK Corporation in 1983. TDK Corporation was founded in 1935 and is headquartered in Tokyo, Japan.