Rafael Microelectronics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022 at 07:54 am
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Rafael Microelectronics, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 243.12 million compared to TWD 260.67 million a year ago. Net income was TWD 19.85 million compared to TWD 38.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.67 compared to TWD 1.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.65 compared to TWD 1.29 a year ago.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.