Universal Microwave Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 07:42 pm
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Universal Microwave Technology, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 418.455 million compared to TWD 441.751 million a year ago. Net income was TWD 84.163 million compared to TWD 50.011 million a year ago. Basic earnings per share was TWD 1.4 compared to TWD 0.84 a year ago. Diluted earnings per share was TWD 1.37 compared to TWD 0.83 a year ago. For the nine months, total revenue was TWD 1,413.659 million compared to TWD 1,332.473 million a year ago. Net income was TWD 226.820 million compared to TWD 161.333 million a year ago. Basic earnings per share was TWD 3.77 compared to TWD 2.77 a year ago. Diluted earnings per share was TWD 3.69 compared to TWD 2.72 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.
UNIVERSAL MICROWAVE TECHNOLOGY, INC. 
