Transcom, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:27 am EST
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Transcom, 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 309.6 million compared to TWD 244.06 million a year ago. Net income was TWD 122.72 million compared to TWD 68.41 million a year ago. Basic earnings per share from continuing operations was TWD 1.65 compared to TWD 0.93 a year ago. Diluted earnings per share from continuing operations was TWD 1.64 compared to TWD 0.92 a year ago.
For the nine months, sales was TWD 876.95 million compared to TWD 713.77 million a year ago. Net income was TWD 304.47 million compared to TWD 139.85 million a year ago. Basic earnings per share from continuing operations was TWD 4.1 compared to TWD 1.89 a year ago. Diluted earnings per share from continuing operations was TWD 4.07 compared to TWD 1.88 a year ago.
Transcom, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of microwave semiconductor components, integrated circuits and sub-systems. The Company's main products include microwave amplifiers and modules, gallium arsenide low noise and power components, solid state power amplifiers and modules, microwave sub-system products and others. The Company's products are mainly used in mobile phones, wireless local area networks, point-to-point wireless communications, satellite communications, wireless surveillance devices and military applications. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and others.