Accton Reports Fourth Quarter and Full Year 2014 Results (Consolidated)
HSINCHU, Taiwan, March 20, 2015 – Accton Technology Corporation (Accton) (TWSE: 2345), a premier provider of communication solutions, today reported the financial results for its fourth quarter and year ended December 31, 2014. The consolidated sales revenue for fourth quarter was NT$6.30 billion, an increase of 4.7% QoQ, and net income was NT$236 million.
The cumulative consolidated sales revenue for the year ended December 31, 2014 totaled approximately NT$22.85 billion, an increase of 0.93% year-on-year. Net income for the twelve-month period ended December 31, 2014 was NT$644 million, or NT$1.21 per share.
The percentage of sales for each product line for the fourth quarter of 2014 is 62.70 percent for switch, 22.77 percent for Carrier access, 6.20 percent for WLAN, 3.60 percent for broadband & gateway, and 4.73 percent for others.
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