Rafael Microelectronics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 05:34 pm
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Rafael Microelectronics, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 230.703 million compared to TWD 283.173 million a year ago. Operating income was TWD 41.798 million compared to TWD 72.023 million a year ago. Net income was TWD 31.367 million compared to TWD 71.163 million a year ago. Basic earnings per share was TWD 1.25 compared to TWD 2.88 a year ago. Diluted earnings per share was TWD 1.24 compared to TWD 2.85 a year ago.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.
RAFAEL MICROELECTRONICS, INC. 
