Transcom, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:10 pm EDT
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Transcom, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 146.680 million compared to TWD 121.839 million a year ago. Operating income was TWD 22.351 million compared to TWD 29.326 million a year ago. Net income was TWD 14.421 million compared to TWD 21.117 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.58 a year ago. Diluted earnings per share was TWD 0.39 compared to TWD 0.57 a year ago. For the half year, sales was TWD 288.297 million compared to TWD 207.090 million a year ago. Operating income was TWD 64.236 million compared to TWD 52.530 million a year ago. Net income was TWD 48.650 million compared to TWD 39.561 million a year ago. Basic earnings per share was TWD 1.32 compared to TWD 1.08 a year ago. Diluted earnings per share was TWD 1.31 compared to TWD 1.07 a year ago.
Transcom, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of microwave semiconductor components, integrated circuits and sub-systems. The Company's main products include microwave amplifiers and modules, gallium arsenide low noise and power components, solid state power amplifiers and modules, microwave sub-system products and others. The Company's products are mainly used in mobile phones, wireless local area networks, point-to-point wireless communications, satellite communications, wireless surveillance devices and military applications. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and others.