Cypress Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 03:31 am IST
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Cypress Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 428.3 million compared to TWD 348.13 million a year ago. Revenue was TWD 428.3 million compared to TWD 348.13 million a year ago. Net income was TWD 62.23 million compared to TWD 21.43 million a year ago. Basic earnings per share from continuing operations was TWD 1.1 compared to TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 1.1 compared to TWD 0.41 a year ago.
For the nine months, sales was TWD 1,187.92 million compared to TWD 1,329.93 million a year ago. Revenue was TWD 1,187.92 million compared to TWD 1,329.93 million a year ago. Net income was TWD 141.57 million compared to TWD 107.34 million a year ago. Basic earnings per share from continuing operations was TWD 2.51 compared to TWD 2.08 a year ago. Diluted earnings per share from continuing operations was TWD 2.51 compared to TWD 2.08 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.