E-Lead Electronic Co. Ltd. said its second-quarter normalized net income came to 35 Taiwan cents per share, compared with the S&P Capital IQ consensus estimate of 99 cents per share.
EPS decreased 49.9% year over year from 70 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$41.8 million, a decrease of 49.9% from NT$83.5 million in the prior-year period.
The normalized profit margin fell to 4.8% from 9.9% in the year-earlier period.
Total revenue grew on an annual basis to NT$869.0 million from NT$840.4 million, and total operating expenses climbed 13.4% year over year to NT$805.9 million from NT$710.7 million.
Reported net income decreased 57.1% on an annual basis to NT$42.8 million, or 35 cents per share, from NT$99.8 million, or 84 cents per share.
As of Aug. 5, US$1 was equivalent to NT$31.71.