trending Market Intelligence /marketintelligence/en/news-insights/trending/J0QXrY5RwHYCDX8FpYZ3sg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

AVerMedia Technologies Q1 loss widens YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

AVerMedia Technologies Q1 loss widens YOY

AVerMedia Technologies Inc. said its normalized net income for the first quarter amounted to a loss of 23 Taiwan cents per share, compared with a loss of 7 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of NT$45.8 million, compared with a loss of NT$13.0 million in the year-earlier period.

The normalized profit margin declined to negative 9.0% from negative 2.0% in the year-earlier period.

Total revenue declined 21.9% on an annual basis to NT$508.7 million from NT$651.5 million, and total operating expenses fell 12.0% from the prior-year period to NT$606.7 million from NT$689.2 million.

Reported net income came to a loss of NT$82.6 million, or a loss of 42 cents per share, compared to a loss of NT$21.8 million, or a loss of 11 cents per share, in the year-earlier period.

As of May 15, US$1 was equivalent to NT$30.44.