Weltrend Reports Third Quarter EPS of NT$0.51
|Hsinchu, Taiwan, November 08, 2017 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for the quarter ended September 30, 2017 with consolidated revenue of NT$686 million, net income of NT$113.97 million, and diluted earnings per share of NT$0.51.|
|Year-over-year, third quarter revenue increased 17%, net income increased 65.1%, while diluted EPS increased 64.5%. Compare to second quarter 2017, revenue increased 22.5%, net income increased 122.8%, and diluted EPS increased 121.7%. All figures were prepared in accordance with TIFRS on a consolidated basis.|
|Gross margin for the quarter was 26%, operating margin was 6%, and net profit margin was 17%.|
|Further details on the results are available at: http://www.weltrend.com.tw/en-global/investor/index/19/22|
|About Weltrend Semiconductor Inc.
Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. For more information, please visit www.weltrend.com.