Etron Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:36 pm EST
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Etron Technology, 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 660.64 million compared to TWD 975.94 million a year ago. Net loss was TWD 276.47 million compared to net income of TWD 2.79 million a year ago. Basic loss per share from continuing operations was TWD 0.96 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago. Diluted loss per share from continuing operations was TWD 0.96 compared to diluted earnings per share from continuing operations of TWD 0.01 a year ago.
For the nine months, sales was TWD 1,963.96 million compared to TWD 3,999.14 million a year ago. Net loss was TWD 635.15 million compared to net income of TWD 374.03 million a year ago. Basic loss per share from continuing operations was TWD 2.2 compared to basic earnings per share from continuing operations of TWD 1.3 a year ago. Diluted loss per share from continuing operations was TWD 2.2 compared to diluted earnings per share from continuing operations of TWD 1.24 a year ago.
Etron Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture, testing and sales of integrated circuits (ICs) and components. The company provides dynamic random access memories (DRAMs), including single data rate (SDR) and double data rate (DDR) DRAMs, and low-power synchronous dynamic random access memories (LPSDRAMs), as well as analogy logic system ICs, power analogy ICs, light emitting diodes (LEDs) and others. The Company's products are applied in storage devices, displays, handsets, personal digital assistants (PDAs), wireless communication devices and multimedia devices. The Company distributes its products primarily in Taiwan market and other Asian markets.