Genesys Logic, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 02:10 pm EST
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Genesys Logic, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 549.162 million compared to TWD 512.360 million a year ago. Operating income was TWD 77.165 million compared to TWD 74.043 million a year ago. Net income was TWD 65.627 million compared to TWD 75.268 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 0.84 a year ago. Diluted earnings per share was TWD 0.72 compared to TWD 0.83 a year ago. For the nine months, sales was TWD 1,426.654 million compared to TWD 1,455.430 million a year ago. Operating income was TWD 165.068 million compared to TWD 197.687 million a year ago. Net income was TWD 149.544 million compared to TWD 201.109 million a year ago. Basic earnings per share was TWD 1.67 compared to TWD 2.24 a year ago. Diluted earnings per share was TWD 1.64 compared to TWD 2.21 a year ago.
GENESYSLOGIC, INC. is a Taiwan-based company principally engaged in the design, manufacturing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Companyâs primary products include universal serial bus (USB) hub controllers, USB storage multimedia controllers, USB image controllers, intellectual properties, USB hub controllers and peripheral component interconnect (PCI) express products. The Company's products are mainly used in liquid crystal displays (LCDs), storage devices, camera modules and others. The Company mainly distributes its products in domestic market and the rest of Asia markets.
GENESYS LOGIC, INC. 
