Financial PerformanceTechnoprobe reported Q3-24 results and offered Q4-24 guidance yesterday afternoon and missed on all metrics.
Market WeaknessAuto & Industrial (~20% of sales) however, remain the weak spot, which shouldn't be surprising in light of recent news.
Profitability ChallengesLack of scale and high costs for the AI probe card are leading to lower profitability for Technoprobe.