Taipei, Taiwan, R.O.C. – May 11th, 2023– ADATA today announced its financial results for the first quarter of 2023. Consolidated revenue for the quarter was NT$7.21 billion and gross margin remained relatively stable at 11.53%. Operating profit of NT$42 million marked a recovery from the operating loss in the previous quarter. Net income before tax was NT$88 million, a 7.88% increase quarter-over-quarter. Net income after tax was reported at NT$57 million and net income attributable to shareholders of the parent was NT$24 million. Based on 263 million outstanding shares, EPS was NT$0.09. ADATA 2023/Q1 Consolidated Financial Summary Item (in millions of NT$) 2023/Q1 2022/Q4 QoQ% 2022/Q1 YoY% Revenue 7,211 7,463 (3.38) 9,795 (26.38) Gross profit 831 828 0.39 1,518 (45.25) Operating profit 42 (159) - 525 (92.06) Income before tax 88 81 7.88 653 (86.56) Net income 57 205 (72.2) 495 (88.5) Net income attributable to shareholders of the parent 24 179 (86.35) 471 (94.81) Basic EPS (in dollars) 0.09 0.69 - 1.82 -
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