【Hsinchu, Taiwan, May 11, 2023】Accton Technology, a premier provider of communications solutions, today reported financial results for the period ended March 2023, as approved by the Board of Directors.
The first quarter consolidated revenue was NTD 19.69 billion with an operating profit of NTD 2.59 billion. Net income after-tax was NTD 2.04 billion. EPS was NTD 3.65.
Highlights of Accton’s Q1 2023 results:
• Consolidated revenue:
• NTD 19.69 billion, YoY increase of 25.15%, QoQ decrease of 11.32%
• Consolidated operating margin and operating profit:
• Operating Margin NTD 4.31 billion, YoY increase of 44.64%, QoQ decrease of 12.56%
• Operating Profit NTD 2.59 billion, YoY increase of 71.30%, QoQ decrease of 15.34%
• Consolidated net income:
• Before Tax NTD 2.54 billion, YoY increase of 59.55%, QoQ decrease of 8.64%
• After-Tax NTD 2.04 billion, YoY increase of 58.26%, QoQ decrease of 13.11%
• Earnings per Share (EPS)
• EPS NTD 3.65
About Accton Technology Corporation
Accton Technology Corporation is a global premier provider of networking and communications solutions. After 30 years of network product design and development experience, Accton has built a highly-qualified global workforce that produces leading-edge products that are affordable and reliable. As a leader in the integration of open hardware and software for data center, carrier access, and campus networks, Accton works closely with its long-term global partners to deliver the next-generation designs that customers demand. For more information about Accton and its subsidiaries, please visit www.accton.com
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