U-MEDIA Communications, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:12 am EST
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U-MEDIA Communications, 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 649.77 million compared to TWD 707.81 million a year ago. Net income was TWD 72.37 million compared to TWD 84.72 million a year ago. Basic earnings per share from continuing operations was TWD 1.92 compared to TWD 2.59 a year ago. Diluted earnings per share from continuing operations was TWD 1.91 compared to TWD 2.56 a year ago.
For the nine months, sales was TWD 1,864.74 million compared to TWD 1,918.53 million a year ago. Net income was TWD 165.45 million compared to TWD 190.08 million a year ago. Basic earnings per share from continuing operations was TWD 4.53 compared to TWD 5.82 a year ago. Diluted earnings per share from continuing operations was TWD 4.48 compared to TWD 5.74 a year ago.
U-MEDIA Communications, Inc. is a Taiwan-based company principally engaged in the design and manufacture of network communications equipment. The Company's main products include wireless broadband network applications, multimedia digital gateways and others. The Company distributes its products mainly to overseas markets, such as the Americas and Europe.