Z-Com, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:46 am IST
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Z-Com, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 116.081 million compared to TWD 297.407 million a year ago. Operating loss was TWD 30.270 million compared to operating Income of TWD 23.963 million a year ago. Net loss was TWD 16.538 million compared to net income of TWD 31.318 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.45 a year ago. For the nine months, sales was TWD 295.733 million compared to TWD 718.653 million a year ago. Operating loss was TWD 110.598 million compared to TWD 9.244 million a year ago. Net loss was TWD 60.404 million compared to net income of TWD 8.658 million a year ago. Basic loss per share was TWD 0.87 compared to basic earnings per share of TWD 0.12 a year ago.
Z-COM, INC. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of wireless local area network (LAN) products. The Companyâs products portfolio consists of wireless broadband systems, including LAN client devices, network security servers and others, which are applied in the last mile broadband access, wireless fidelity hotspots and others; wireless network modules, which are applied in the Internet of things, industrial automation control and wireless distribution systems, as well as digital home products, including wireless video transmission equipment and others, which are applied in the voice over Internet protocol (VOIP) and others. It distributes its products in Taiwan, Asia, Europe and others.