Azurewave Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:22 pm EDT
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AzureWave Technologies, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 2,660.104 million compared to TWD 1,913.785 million a year ago. Operating income was TWD 191.726 million compared to operating loss of TWD 21.465 million a year ago. Net income was TWD 182.028 million compared to net loss of TWD 25.929 million a year ago. Basic earnings per share was TWD 1.21 compared to basic loss per share of TWD 0.17 a year ago. For the half year, total revenue was TWD 4,051.854 million compared to TWD 3,398.736 million a year ago. Operating income was TWD 110.252 million compared to operating loss of TWD 117.414 million a year ago. Net income was TWD 103.737 million compared to net loss of TWD 138.389 million a year ago. Basic earnings per share was TWD 0.69 compared to basic loss per share of TWD 0.92 a year ago.
AzureWave Technologies, Inc. is a Taiwan-based company principally engaged in the research and development, production and distribution of wireless communication modules and digital image modules. Its wireless communication module products include wireless fidelity (Wi-Fi) products, Bluetooth products, global positioning system (GPS) and others. Its digital image module products include fixed focus modules, automatic focus module products and others. The Company also provides wireless network routers, wireless network sharing devices and wireless network cameras. The Company distributes its products within the domestic market and to overseas markets, including Hong Kong, Mainland China and Europe.