Universal Microwave Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 11:49 pm EDT
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Universal Microwave Technology, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 421.79 million compared to TWD 440.7 million a year ago. Revenue was TWD 425.09 million compared to TWD 441.99 million a year ago.
Net income was TWD 55.38 million compared to TWD 44.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 0.71 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to TWD 0.71 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.
UNIVERSAL MICROWAVE TECHNOLOGY, INC. 
