Davicom Semiconductor, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 03:39 am EST
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Davicom Semiconductor, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 46.98 million compared to TWD 80.59 million a year ago. Net income was TWD 10.16 million compared to TWD 19.08 million a year ago. Basic earnings per share from continuing operations was TWD 0.12 compared to TWD 0.23 a year ago. Diluted earnings per share from continuing operations was TWD 0.12 compared to TWD 0.23 a year ago.
For the nine months, sales was TWD 183.66 million compared to TWD 237.7 million a year ago. Net income was TWD 45.05 million compared to TWD 57.38 million a year ago. Basic earnings per share from continuing operations was TWD 0.55 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.7 a year ago.
DAVICOM SEMICONDUCTOR,INC. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of integrated circuits (ICs). The Company's main products include communications network ICs, video and image ICs, electronic paper display (EPD) driver ICs, microcontroller ICs, network control chips, modem chipsets and USB series chips. The Company distributes its products in domestic market and to overseas markets.