Cypress Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 06:39 pm IST
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Cypress Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 348.130 million compared to TWD 477.271 million a year ago. Net income was TWD 21.429 million compared to TWD 59.003 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 1.14 a year ago. Diluted earnings per share was TWD 0.41 compared to TWD 1.14 a year ago. For the nine months, total revenue was TWD 1,329.933 million compared to TWD 1,610.603 million a year ago. Net income was TWD 107.344 million compared to TWD 213.498 million a year ago. Basic earnings per share was TWD 2.08 compared to TWD 4.13 a year ago. Diluted earnings per share was TWD 2.08 compared to TWD 4.12 a year ago.
CYPRESS TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of professional and intelligent audio-visual products and display products. The professional and intelligent audio-visual products include televisions (TVs) scalers, splitters, switchers, high definition multimedia interface (HDMI) video signal generators and extenders, video effect mixers, TV pattern generators and display port series. The professional and intelligent display products include liquid crystal displays (LCDs) and TV walls. The Company's products are applied in home theaters, conference centers, medical centers, shopping malls and cinemas, among others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.
CYPRESS TECHNOLOGY CO.,LTD. 
