Genesys Logic, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 06:06 pm
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Genesys Logic, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 539.112 million compared to TWD 404.705 million a year ago. Operating income was TWD 72.809 million compared to TWD 26.158 million a year ago. Net income was TWD 65.841 million compared to TWD 26.688 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 0.3 a year ago. Diluted earnings per share was TWD 0.72 compared to TWD 0.29 a year ago.
GENESYSLOGIC, INC. is a Taiwan-based company principally engaged in the design, manufacturing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Companyâs primary products include universal serial bus (USB) hub controllers, USB storage multimedia controllers, USB image controllers, intellectual properties, USB hub controllers and peripheral component interconnect (PCI) express products. The Company's products are mainly used in liquid crystal displays (LCDs), storage devices, camera modules and others. The Company mainly distributes its products in domestic market and the rest of Asia markets.