trending Market Intelligence /marketintelligence/en/news-insights/trending/I51Gkt3syUouvef7ATIM-Q2 content esgSubNav
In This List

Young Fast Optoelectronics Q1 loss narrows YOY

Blog

Broadcast deal market recap, Q2'22

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Blog

Japan M&A By the Numbers: Q1 2022


Young Fast Optoelectronics Q1 loss narrows YOY

Young Fast Optoelectronics Co. Ltd. said its first-quarter normalized net income was a loss of 14 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 66 cents per share.

The per-share loss decreased 82.6% year over year from 83 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of NT$21.9 million, compared with a loss of NT$125.6 million in the prior-year period.

The normalized profit margin climbed to negative 5.0% from negative 14.8% in the year-earlier period.

Total revenue decreased 48.9% year over year to NT$434.4 million from NT$850.9 million, and total operating expenses decreased 53.3% from the prior-year period to NT$464.2 million from NT$994.0 million.

Reported net income came to a loss of NT$59.0 million, or a loss of 39 cents per share, compared to a loss of NT$206.8 million, or a loss of NT$1.37 per share, in the year-earlier period.

As of May 16, US$1 was equivalent to NT$32.63.