Rafael Microelectronics, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:55 am EST
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Rafael Microelectronics, 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 259.86 million compared to TWD 274.15 million a year ago. Net income was TWD 29.53 million compared to TWD 4.68 million a year ago. Basic earnings per share from continuing operations was TWD 0.97 compared to TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 0.96 compared to TWD 0.15 a year ago.
For the nine months, sales was TWD 794.36 million compared to TWD 837.36 million a year ago. Net income was TWD 63.7 million compared to TWD 69.57 million a year ago. Basic earnings per share from continuing operations was TWD 2.1 compared to TWD 2.32 a year ago. Diluted earnings per share from continuing operations was TWD 2.08 compared to TWD 2.28 a year ago.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.
RAFAEL MICROELECTRONICS, INC. 
