Cameo Communications, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 03:48 am EST
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Cameo Communications, 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 415.03 million compared to TWD 1,069.21 million a year ago. Net loss was TWD 12.15 million compared to net income of TWD 80.79 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to basic earnings per share from continuing operations of TWD 0.24 a year ago.
For the nine months, sales was TWD 2,290.4 million compared to TWD 2,301.15 million a year ago. Net loss was TWD 11.15 million compared to net income of TWD 45.97 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to basic earnings per share from continuing operations of TWD 0.14 a year ago.
CAMEO COMMUNICATIONS, INC. is a Taiwan-based company principally engaged in the research, development, manufacture, processing, assembly and distribution of computer network system equipment and related components. The Companyâs primary products include network interface cards (NICs), switches and routers, wireless local area network (WLAN) cards, as well as WLAN access points, routers, broadband routers and other products. Its products are mainly used in the connecting of computers to local area network (LAN) and WLAN, as well as the transferring of electronic files. The Company is also involved in the provision of maintenance services. The Company mainly distributes its products in domestic market and overseas markets, including the Asia-Pacific regions, the Americas and Europe.