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Issued on : 04-24-2017
ADATA Announces Q1 2017 Financial Results
Taipei, Taiwan, R.O.C – April 24th, 2017 –ADATA today announced its financial results for the first quarter of 2017. Consolidated revenue for the first quarter was NT$ 8.03 billion, an increase of 64.6% year over year. Gross margin was 18.19%, with a lot of improvement from 7.15% for Q1 of 2016. Net income was NT$ 778 million, an increase of 595% year over year. Based on 218 million outstanding shares, earning per share was NT$ 3.62.
 
Continued tight supply of DRAM and NAND Flash, the company expects the memory prices for the second quarter of this year will be on an uptrend. Benefited from sufficient supply and cost advantage, the company’s operating performance in 2017 will be stronger than in 2016.
 
ADATA 2017/Q1 Consolidated Financial Summary

Item (in millions of NT$)
2017/Q1
2016/Q4
QoQ%
2016/Q1
YoY%
Revenue
8,034
7,425
8.2
4,881
64.58
Gross Profit
1,461
1,612
-9.36
349
318.7
Operating income
827
904
-8.55
(95)
-
Income before tax
933
970
-3.8
129
622.76
Net income
778
765
1.68
112
594.99
EPS before tax (in dollars)
4.29
4.51
-
0.6
-
EPS after tax (in dollars)
3.62
3.6
-
0.56
-

Investor Relations

Gloria Chen
IR Senior Manager
Tel:+886-2-8228-0886 ext.12400
Cell:+886-916-969-211

Mail : Gloria_chen@adata.com Investor Relations

Caroline Lin
IR Project Manager
Tel:+886-2-8228-0886 ext.12410
Cell:+886-916-655-656

Mail : caroline_lin@adata.com



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