Memscap, S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 29, 2020 at 01:30 am EDT
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MEMSCAP, S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was EUR 2.7 million compared to EUR 3.5 million a year ago. Operating loss was EUR 0.1 million compared to operating Income of EUR 0.2 million a year ago. Net loss was EUR 0.1 million compared to net income of EUR 0.1 million a year ago. For the half year, total revenue was EUR 6.1 million compared to EUR 6.6 million a year ago. Operating loss was EUR 0.1 million compared to operating Income of EUR 0.1 million a year ago. Net loss was EUR 0.2 million compared to EUR 0.1 million a year ago.
Memscap is the leader in designing, manufacturing and marketing components, modules, systems and solutions based on micro electro-mechanical systems (MEMS). MEMS combine semiconductor micro-electronics with micro-manufacturing technology to make entire systems contained on one chip. The group organizes its activity around 3 core sectors:
- standard products: integrating the design and manufacture of sensors and multifunctional measurement systems for the areas of medicine, biomedicine, aerospace industry and defense;
- customized products: including the design and manufacture of MEMS components, the intellectual property licenses granting and customers cooperation projects for the custom-made development and production;
- dermo-cosmetic pole: integrating the operations and management of the group's assets related to the areas of dermatology and cosmetology, including the Ioma brand.
MEMSCAP 
