Analog Integrations Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 31, 2020 at 01:36 am IST
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Analog Integrations Corporation announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 44.045 million compared to TWD 33.264 million a year ago. Operating income was TWD 4.367 million compared to operating loss of TWD 10.946 million a year ago. Net income was TWD 4.035 million compared to net loss of TWD 9.307 million a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.51 a year ago. For the half year, sales was TWD 79.939 million compared to TWD 72.154 million a year ago. Operating income was TWD 6.962 million compared to operating loss of TWD 20.300 million a year ago. Net income was TWD 8.035 million compared to net loss of TWD 18.561 million a year ago. Basic earnings per share was TWD 0.3 compared to basic loss per share of TWD 1.02 a year ago.
Analog Integrations Corp is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of industrial electronic products, communications equipment, consumer electronics products and analog integrated circuits (ICs). The main products include networking products, speakers and power management ICs. The network products include network cards, switches and routers. The speakers include miniature speakers, car speakers and smart speakers. The power management ICs include direct current conversion ICs, linear regulator ICs, light-emitting diode driver ICs, battery management ICs and current power switch ICs. The Company distributes its products in domestic market and to overseas markets.