Parade Technologies Ltd (ROCO:4966)
NT$ 695 13 (1.91%) Market Cap: 55.12 Bil Enterprise Value: 45.74 Bil PE Ratio: 21.63 PB Ratio: 2.55 GF Score: 93/100

Q3 2022 Parade Technologies Ltd Earnings Call Transcript

Oct 28, 2022 / 06:00AM GMT
Release Date Price: NT$676 (-5.45%)
Operator

Welcome everyone to Parade Technologies Limited 2022 Third Quarter Webcast Investor Conference. Investor Relations of Parade Technologies, Mr. Yo-Ming Chang, will present 2022 third quarter financial result first. (Operator Instructions) (foreign language)

Now I would like to introduce Mr. Yo-Ming Chang, Investor Relations of Parade Technologies. Mr. Chang, please begin. (foreign language)

Yo;Ming Chang
Parade Technologies, Ltd. - IR Officer

Thanks, Jason. Welcome everyone to Parade Technologies' 2022 Q3 webcast investor conference. Parade Technologies' third quarter 2022 consolidated revenue was $151.04 million and the net income was $32.64 million. Both basic and fully diluted after-tax earnings per share were $0.41 and $0.40, respectively. These results compared to consolidated revenue of $191.72 million and a net income of $53.34 million or $0.67 and $0.66 per basic and fully diluted share in the year-ago quarter.

In U.S. dollars, the third quarter revenue decreased 30.3% sequentially and was down 21.22% year-over-year.

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