Genesys Logic, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:58 pm EST
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Genesys Logic, 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 654.45 million compared to TWD 570.71 million a year ago. Net income was TWD 61.61 million compared to TWD 24.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.68 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.67 compared to TWD 0.27 a year ago.
For the nine months, sales was TWD 1,815.6 million compared to TWD 2,672.51 million a year ago. Net income was TWD 71.31 million compared to TWD 509.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to TWD 5.65 a year ago. Diluted earnings per share from continuing operations was TWD 0.79 compared to TWD 5.57 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. 
