Q3 2022 Parade Technologies Ltd Earnings Call Transcript
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)
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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