Compal Broadband Networks, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 03:17 pm EST
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Compal Broadband Networks, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 642.37 million compared to TWD 727.82 million a year ago. Net income was TWD 11.28 million compared to TWD 15.59 million a year ago. Basic earnings per share from continuing operations was TWD 0.17 compared to TWD 0.23 a year ago. Diluted earnings per share from continuing operations was TWD 0.17 compared to TWD 0.23 a year ago.
For the nine months, sales was TWD 2,067.11 million compared to TWD 2,218.89 million a year ago. Net income was TWD 3.31 million compared to TWD 29.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 0.44 a year ago.
COMPAL BROADBAND NETWORKS, INC. is a Taiwan-based company mainly engaged in the research, development and sale of cable modem, digital set-top boxes and wireless broadband sharers and other communications products. The main products include data machine products, which are primarily applied for networking, home entertainment, home security and wireless accessories, as well as materials sales revenue and others. The Company mainly sells its products to Europe, Americas, Oceania and Asia.