Opnet Technologies Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 02:47 pm EST
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OPNET Technologies Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 44.872 million compared to TWD 67.372 million a year ago. Operating loss was TWD 8.500 million compared to TWD 1.027 million a year ago. Net loss was TWD 8.089 million compared to net income of TWD 1.139 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.02 a year ago. For the nine months, sales was TWD 150.990 million compared to TWD 191.737 million a year ago. Operating loss was TWD 21.768 million compared to operating Income of TWD 9.748 million a year ago. Net loss was TWD 19.856 million compared to net income of TWD 14.666 million a year ago. Basic loss per share was TWD 0.32 compared to basic earnings per share of TWD 0.23 a year ago.
OPNET TECHNOLOGIES CO., LTD. is a Taiwan-based company principally engaged in the research, manufacture and sales of network access equipment and transmission equipment. The Companyâs main products include network access equipment, broadband products, transmission equipment and light emitting diode (LED) lighting devices. The Company is also engaged in the provision of telecom network services between the computer room and the computer room, as well as the network access services between central office and client. The Company distributes its products both in domestic markets and to overseas markets.