Universal Microwave Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021
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Universal Microwave Technology, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 366.081 million compared to TWD 275.619 million a year ago. Operating income was TWD 37.695 million compared to TWD 18.438 million a year ago. Net income was TWD 27.924 million compared to net loss of TWD 5.117 million a year ago. Basic earnings per share was TWD 0.45 compared to basic loss per share of TWD 0.08 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.