AzureWave Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:45 am
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AzureWave Technologies, 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 2,654.14 million compared to TWD 3,128.23 million a year ago. Revenue was TWD 2,657.82 million compared to TWD 3,133.14 million a year ago. Net income was TWD 133.8 million compared to TWD 196.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 1.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.87.
For the nine months, sales was TWD 7,270.54 million compared to TWD 7,692.37 million a year ago. Revenue was TWD 7,278.81 million compared to TWD 7,701.44 million a year ago. Net income was TWD 275.5 million compared to TWD 213.04 million a year ago. Basic earnings per share from continuing operations was TWD 1.8 compared to TWD 1.39 a year ago. Diluted earnings per share from continuing operations was TWD 1.8.
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.