Feeds

VIA Q3 income dips deeper than analysts forecast

Sales down too

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

VIA has exceeded analyst expections of the extent to which its income would fall during its third quarter.

Five market watchers surveyed this week by Bloomberg put the decline at 63 per cent, but when the chipset maker announced its Q3 results this morning, the figure stood at 64.2 per cent.

Income before tax for the three months to 30 September came to NT$880 million ($25.47 million) - NT$0.93 a share. That's 64.2 per cent down on Q3 2000 and 21.6 per cent down on the previous quarter.

Sales for the period totalled NT$7.905 billion, down 22.2 per cent on the year-ago quarter, but up 3.1 per cent sequentially. The decline was in line with VIA's forecast - just. VIA previously said its Q3 sales would fall just under 23 per cent year-on-year.

For the first nine months of fiscal 2001, VIA has recorded sales of NT$26.067 billion, up 14.3 per cent on the same period last year. Earnings total NT$4.59, down 17.2 per cent. ®

Related Story

VIA set for gloomy Q3 - analysts

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.