AVerMedia Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 01:03 am IST
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AVerMedia Technologies, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 941.57 million compared to TWD 1,280.84 million a year ago. Revenue was TWD 941.57 million compared to TWD 1,280.84 million a year ago. Net income was TWD 18.16 million compared to TWD 87.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to TWD 0.575 a year ago. Diluted earnings per share from continuing operations was TWD 0.13 compared to TWD 0.575 a year ago.
AVerMedia Technologies, Inc. is a China-based company principally engaged in the design, research, development, manufacture and distribution of control system products and digital video products. The Company provides computer digital and analog television (TV) cards, 3D digital and analog TV cards, digital satellite TV cards, game audio/game live capture products, video capture cards and other related computer multimedia video products. The Company mainly distributes its products under the AVerMedia brand. The Company mainly distributes its products in Europe, Middle East, Oceania, Asia, Mainland China and other markets.