Parade Technologies, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023
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Parade Technologies, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 3,705.25 million compared to TWD 4,591.74 million a year ago. Net income was TWD 611.93 million compared to TWD 992.25 million a year ago. Basic earnings per share from continuing operations was TWD 7.71 compared to TWD 12.38 a year ago. Diluted earnings per share from continuing operations was TWD 7.68 compared to TWD 12.21 a year ago.
For the nine months, sales was TWD 9,944.26 million compared to TWD 16,873.84 million a year ago. Net income was TWD 1,394.49 million compared to TWD 4,444.11 million a year ago. Basic earnings per share from continuing operations was TWD 17.68 compared to TWD 55.74 a year ago. Diluted earnings per share from continuing operations was TWD 17.53 compared to TWD 54.69 a year ago.
Parade Technologies, Ltd. is a Cayman Islands-based supplier of mixed-signal integrated circuits (ICs) for a variety of display and high-speed interface standards used in computers, consumer electronics and display panels. The Companyâs products include High Speed Interface ICs, Display and Touch Integrated System ICs, TrueTouch ICs and Automotive ICs. High Speed Interface ICs include PCI Express/SATA, USB, DisplayPort, HDMI and Protocol Converters. Display and Touch Integrated System ICs include Touch Embedded TCON, Touch Embedded Source Driver, Touch and Gate Level Shifter, Embedded DisplayPort Timing Controllers, Display Panel Source Drivers, Tcons with Embedded Source Driver and Touch, Touch & Display Driver Integrated, and Display Port LCD Monitor Controllers. TrueTouch ICs consist of TrueTouch Touchscreen Controllers. Automotive ICs consist of Display Tcons, Source Drivers, and Touch; PCI Express Interface; HDMI Interface; and DisplayPort Interface, among others.