Z-Com, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 03:35 am EST
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Z-Com, 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 155.19 million compared to TWD 115.97 million a year ago. Net income was TWD 20.35 million compared to TWD 6.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.09 a year ago.
For the nine months, sales was TWD 320.44 million compared to TWD 228.7 million a year ago. Net loss was TWD 7.01 million compared to TWD 39.99 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to TWD 0.58 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to TWD 0.58 a year ago.
Z-COM, INC. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of wireless local area network (LAN) products. The Companyâs products portfolio consists of wireless broadband systems, including LAN client devices, network security servers and others, which are applied in the last mile broadband access, wireless fidelity hotspots and others; wireless network modules, which are applied in the Internet of things, industrial automation control and wireless distribution systems, as well as digital home products, including wireless video transmission equipment and others, which are applied in the voice over Internet protocol (VOIP) and others. It distributes its products in Taiwan, Asia, Europe and others.