Advanced Analog Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:09 pm
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Advanced Analog Technology, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 272.796 million compared to TWD 294.172 million a year ago. Operating income was TWD 3.523 million compared to operating loss of TWD 15.591 million a year ago. Net income was TWD 3.885 million compared to net loss of TWD 793,000 a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.01 a year ago. For the nine months, sales was TWD 779.329 million compared to TWD 794.021 million a year ago. Operating loss was TWD 16.368 million compared to TWD 103.226 million a year ago. Net loss was TWD 7.995 million compared to TWD 76.767 million a year ago. Basic loss per share was TWD 0.12 compared to TWD 1.14 a year ago.
Advanced Analog Technology Inc. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of integrated circuits (ICs). The Company's main products include power management ICs, magnetic field sensing and motor drive ICs, as well as microcontroller ICs. The Company distributes its products in domestic market and to overseas markets.