Parade Technologies, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 27, 2021 at 02:00 am EDT
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Parade Technologies, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 5,341.28 million compared to TWD 4,421.78 million a year ago. Net income was TWD 1,485.97 million compared to TWD 1,082.17 million a year ago. Basic earnings per share from continuing operations was TWD 18.71 compared to TWD 13.8 a year ago. Diluted earnings per share from continuing operations was TWD 18.34 compared to TWD 13.52 a year ago.
For the nine months, sales was TWD 14,588.53 million compared to TWD 11,016.33 million a year ago. Net income was TWD 3,780.66 million compared to TWD 2,548.63 million a year ago. Basic earnings per share from continuing operations was TWD 47.85 compared to TWD 32.58 a year ago. Diluted earnings per share from continuing operations was TWD 46.74 compared to TWD 31.77 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.