Feeds

Q3 sales jump lifts VIA out of the red

Still losing money for year as a whole

  • alert
  • submit to reddit

VIA said this morning it had returned to profitability during its third fiscal quarter after posting a Q3 net income of just TWD 46 million ($1.36 million) on sales of TWD 5.47 billion ($162.19 million).

For the previous quarter, the chipset maker posted a net loss of TWD 1.12 billion ($33.03 million). Q2 sales totalled TWD 4.04 billion ($119.14 million). The TWD 1.43 billion sequential increase on sales - a rise of 35.3 per cent - fuelled the return to profitability, but a 20 per cent fall in operating expenses helped too.

However, the third quarter improvement nevertheless leaves VIA with a running 2003 loss of TWD 1.72 billion ($50.72 million) for the nine months to 30 September. ®

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Reducing the cost and complexity of web vulnerability management
How using vulnerability assessments to identify exploitable weaknesses and take corrective action can reduce the risk of hackers finding your site and attacking it.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.