VIA Labs, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 01, 2022 at 08:18 pm EDT
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VIA Labs, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 606.23 million compared to TWD 887.12 million a year ago. Revenue was TWD 606.23 million compared to TWD 893.12 million a year ago. Net income was TWD 137.51 million compared to TWD 240.4 million a year ago. Basic earnings per share from continuing operations was TWD 2.01 compared to TWD 3.56 a year ago. Diluted earnings per share from continuing operations was TWD 1.94 compared to TWD 3.41 a year ago.
For the nine months, sales was TWD 2,471.75 million compared to TWD 2,402.74 million a year ago. Revenue was TWD 2,471.9 million compared to TWD 2,421.1 million a year ago. Net income was TWD 681.57 million compared to TWD 632.94 million a year ago. Basic earnings per share from continuing operations was TWD 9.96 compared to TWD 9.38 a year ago. Diluted earnings per share from continuing operations was TWD 9.63 compared to TWD 8.97 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.