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Asustek's second-quarter EPS beats estimates

Asustek's second-quarter EPS beats estimates

Taipei, Aug. 11 (CNA) Taiwanese PC maker Asustek Computer Inc. (??) on Tuesday reported an earnings per share of NT$6.27 (US$0.198) for the second quarter of 2015, surpassing market expectations of between NT$5.9 and NT$6.0. The company's net income grew 27 percent sequentially in the April-June period to NT$4.658 billion, while its revenue dropped 3 percent to NT$99.366 billion. Asustek shipped 4.3 million notebooks in the second quarter, missing its target of 4.5 million units, but its smartphone shipments of 5 million units beat its forecast of 4.8 million units. The company has projected a 12 percent quarterly increase in notebook shipments to 4.8 million units in the third quarter and a 20 percent growth of smartphone shipments to 6 million units. Shares in Asustek closed down 1.76 percent at NT$250.5 Tuesday in Taipei before the release of the earnings data. (By Jeffrey Wu)


Updated : 2021-09-23 08:59 GMT+08:00