VIA Labs, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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VIA Labs, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 591.79 million compared to TWD 880.62 million a year ago. Revenue was TWD 591.79 million compared to TWD 880.77 million a year ago. Net income was TWD 79.38 million compared to TWD 255.1 million a year ago. Basic earnings per share from continuing operations was TWD 1.15 compared to TWD 3.72 a year ago. Diluted earnings per share from continuing operations was TWD 1.13 compared to TWD 3.61 a year ago.
For the six months, sales was TWD 965.82 million compared to TWD 1,865.53 million a year ago. Revenue was TWD 965.82 million compared to TWD 1,865.67 million a year ago. Net income was TWD 94.42 million compared to TWD 544.07 million a year ago. Basic earnings per share from continuing operations was TWD 1.37 compared to TWD 7.95 a year ago. Diluted earnings per share from continuing operations was TWD 1.34 compared to TWD 7.7 a year ago.
VIA Labs Inc is a Taiwan-based company mainly engaged in the provision of Universal Serial Bus (USB) control chip technology and related products. The Company mainly designs, develops and sells USB high-speed transmission control chips, USB Type-C application control chips, USB Power Delivery power transmission control chips, battery charging and related power solution chips, and provides customized services for the chips. The Company's main products include USB4 controllers, USB 3.2 Gen1x1/Gen2x1 controllers, USB Type-C interface controller and product design programs, USB Power Delivery controller and transmission programs, USB 2.0 to 3.2 converter chips, display port to High Definition Multimedia Interface (HDMI) signal converters and others.