Universal Microwave Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023
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Universal Microwave Technology, 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 371.75 million compared to TWD 505.15 million a year ago. Revenue was TWD 375.53 million compared to TWD 507.83 million a year ago. Net income was TWD 45.94 million compared to TWD 87.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.72 compared to TWD 1.37 a year ago.
For the nine months, sales was TWD 1,167.91 million compared to TWD 1,418.61 million a year ago. Revenue was TWD 1,177.17 million compared to TWD 1,426.72 million a year ago. Net income was TWD 158.37 million compared to TWD 223.38 million a year ago. Basic earnings per share from continuing operations was TWD 2.54 compared to TWD 3.59 a year ago. Diluted earnings per share from continuing operations was TWD 2.47 compared to TWD 3.48 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. 
