Techpoint, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Ending December 31, 2023
May 12, 2023 at 11:37 pm IST
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Techpoint, Inc. provided earnings guidance for the second quarter and full year ending December 31, 2023. For the quarter, the company expected revenue of approximately $15.2 million, Operating Profit of approximately $3.8 million, GAAP Net Income approximately $3.8 million.
For the year ending December 31, 2023, the company expected revenue of $62.812 million, income from operations of $16.010 million and net income of $16.209 million or Basic EPS of $0.89.
Techpoint, Inc. is a semiconductor company that designs, markets and sells mixed-signal integrated circuits for multiple video applications in the security surveillance and automotive markets. Its integrated circuits enable the transition from standard definition (SD) video to high-definition (HD) video in the security surveillance and automotive markets. Its application specific products include its security surveillance and automotive product lines. It offers four security surveillance products, HD-TVI transmitters, HD-TVI Camera Processors, HD-TVI receivers and HD-SDI receivers. It also offers four automotive products, HD-TVI Transmitter, HD-TVI Camera Processors, HD-TVI Receivers and HD LCD controller. Its HD-TVI transmitters are used within the camera, take the HD digital signal from an HD camera processor and converts it to HD-TVI analog signals. Its HD-TVI receivers are used in DVRs and convert the HD-TVI analog signal into digital signals that can be processed by a DVR system.
TECHPOINT, INC. 
