Universal Microwave Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 08:18 am EST
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Universal Microwave Technology, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 387.643 million compared to TWD 413.432 million a year ago. Operating income was TWD 47.957 million compared to TWD 52.333 million a year ago. Net income was TWD 27.100 million compared to TWD 84.163 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 1.4 a year ago. Diluted earnings per share was TWD 0.44 compared to TWD 1.37 a year ago. For the nine months, sales was TWD 1,084.313 million compared to TWD 1,393.659 million a year ago. Operating income was TWD 134.645 million compared to TWD 242.098 million a year ago. Net income was TWD 108.786 million compared to TWD 226.820 million a year ago. Basic earnings per share was TWD 1.79 compared to TWD 3.77 a year ago. Diluted earnings per share was TWD 1.76 compared to TWD 3.69 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. 
