Transcom, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 05:14 am EDT
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Transcom, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 345.21 million compared to TWD 281.17 million a year ago. Net income was TWD 135.81 million compared to TWD 13.77 million a year ago. Basic earnings per share from continuing operations was TWD 1.8273 compared to TWD 0.1818 a year ago. Diluted earnings per share from continuing operations was TWD 1.8182 compared to TWD 0.1818 a year ago.
For the six months, sales was TWD 567.35 million compared to TWD 469.71 million a year ago. Net income was TWD 181.75 million compared to TWD 71.45 million a year ago. Basic earnings per share from continuing operations was TWD 2.4545 compared to TWD 0.9636 a year ago. Diluted earnings per share from continuing operations was TWD 2.4273 compared to TWD 0.9545 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.