Parade Technologies, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 02:00 am EDT
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Parade Technologies, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 3,199.3 million compared to TWD 6,383.95 million a year ago. Net income was TWD 429.27 million compared to TWD 1,795.22 million a year ago. Basic earnings per share from continuing operations was TWD 5.44 compared to TWD 22.51 a year ago. Diluted earnings per share from continuing operations was TWD 5.4 compared to TWD 22.18 a year ago.
For the six months, sales was TWD 6,239.01 million compared to TWD 12,282.09 million a year ago. Net income was TWD 782.56 million compared to TWD 3,451.86 million a year ago. Basic earnings per share from continuing operations was TWD 9.94 compared to TWD 43.42 a year ago. Diluted earnings per share from continuing operations was TWD 9.85 compared to TWD 42.67 a year ago.
Parade Technologies, Ltd. is a Cayman Islands-based supplier of mixed-signal integrated circuits (ICs) for a variety of display and high-speed interface standards used in computers, consumer electronics and display panels. The Companyâs products include High Speed Interface ICs, Display and Touch Integrated System ICs, TrueTouch ICs and Automotive ICs. High Speed Interface ICs include PCI Express/SATA, USB, DisplayPort, HDMI and Protocol Converters. Display and Touch Integrated System ICs include Touch Embedded TCON, Touch Embedded Source Driver, Touch and Gate Level Shifter, Embedded DisplayPort Timing Controllers, Display Panel Source Drivers, Tcons with Embedded Source Driver and Touch, Touch & Display Driver Integrated, and Display Port LCD Monitor Controllers. TrueTouch ICs consist of TrueTouch Touchscreen Controllers. Automotive ICs consist of Display Tcons, Source Drivers, and Touch; PCI Express Interface; HDMI Interface; and DisplayPort Interface, among others.
PARADE TECHNOLOGIES, LTD. 
