Compal Broadband Networks, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 03:45 pm EST
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Compal Broadband Networks, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 760.639 million compared to TWD 1,348.841 million a year ago. Operating income was TWD 5.424 million compared to TWD 52.332 million a year ago. Net income was TWD 442,000 compared to TWD 49.349 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.82 a year ago. Diluted earnings per share was TWD 0.01 compared to TWD 0.81 a year ago. For the nine months, sales was TWD 2,282.986 million compared to TWD 4,543.973 million a year ago. Operating income was TWD 7.788 million compared to TWD 177.298 million a year ago. Net income was TWD 19.004 million compared to TWD 157.897 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 2.61 a year ago. Diluted earnings per share was TWD 0.28 compared to TWD 2.58 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.