C-Media Electronics 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 90.92 million compared to TWD 97.29 million a year ago. Net income was TWD 13.61 million compared to net loss of TWD 97.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to basic loss per share from continuing operations of TWD 1.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to diluted loss per share from continuing operations of TWD 1.25 a year ago.
For the nine months, sales was TWD 315.72 million compared to TWD 560.04 million a year ago. Net loss was TWD 32.77 million compared to TWD 94.29 million a year ago. Basic loss per share from continuing operations was TWD 0.42 compared to TWD 1.22 a year ago. Diluted loss per share from continuing operations was TWD 0.42 compared to TWD 1.22 a year ago.