Rafael Microelectronics, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 04:31 pm
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Rafael Microelectronics, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 164.841 million compared to TWD 284.527 million a year ago. Operating income was TWD 19.497 million compared to TWD 80.145 million a year ago. Net income was TWD 18.369 million compared to TWD 60.320 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 2.44 a year ago. Diluted earnings per share was TWD 0.73 compared to TWD 2.42 a year ago. For the half year, sales was TWD 395.544 million compared to TWD 567.700 million a year ago. Operating income was TWD 61.295 million compared to TWD 152.168 million a year ago. Net income was TWD 49.736 million compared to TWD 131.483 million a year ago. Basic earnings per share was TWD 1.99 compared to TWD 5.32 a year ago. Diluted earnings per share was TWD 1.97 compared to TWD 5.23 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. 
