Integrated Micro-Electronics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 10, 2024 at 08:16 am IST
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Integrated Micro-Electronics, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 290.12 million compared to USD 346.83 million a year ago. Net loss was USD 3.67 million compared to USD 0.749 million a year ago.
Basic loss per share from continuing operations was USD 0.0017 compared to USD 0.0003 a year ago.
Integrated Micro-Electronics Inc. (IMI) is a provider of electronics manufacturing services (EMS) and power semiconductor assembly and test services. The Company operates through segments, including Philippines, Singapore/China, Bulgaria, Czech, Mexico, USA, and Japan. IMI exports printed circuit board assemblies (PCBA), flip chip assemblies, electronic sub-assemblies, box build products and enclosure systems. It also provides a range of solutions, including product design and development, test and systems development, automation, advanced manufacturing engineering, and power module assembly, among others. The Company serves diversified markets, such as the automotive, industrial, medical, storage device, and consumer electronics industries, and non-electronic products (including automobiles, motorcycles, and solar panels, among others) or parts, components or materials of non-electronic products, as well as to perform and provide information technology services.
INTEGRATED MICRO-ELECTRONICS, INC. 
