Hsinchu, Taiwan, November 6, 2017 -- Alpha Networks Inc. (TWSE: 3380) today announced its consolidated financial results for the third quarter of 2017.

The consolidated revenue for 3Q17 was NT$4,838 million, down 5.0% from last quarter. Gross profit increased 0.9% to NT$764 million from last quarter, and gross margin was 15.8%, up 0.9 points. Operating expenses were NT$587 million, up 0.5% quarter-over-quarter. Operating income was NT$177 million, or 3.7% of net sales. Net income was NT$160 million, or NT$0.37 per share. 3Q17’s revenue by product categories: LAN/MAN accounted for 60% of 3Q17 consolidated revenue, followed by Wireless Broadband at 31%, and Digital Multimedia at 9%.

The consolidated revenue for the nine months ending September of 2017 was NT$14,695 million, down 12.0% year-over-year. However, gross margin was 15.9%, an increase of 1.2 points as a result of better product portfolio and disciplined cost management. Operating expenses were NT$1,765 million, down 9.1% from the prior year. Operating margin was up 10.2% YoY to NT$572 million, or 3.9% of net sales. Income before tax was NT$622 million, down 0.2% YoY. However, if gain on disposal of investment in 2Q16, NT$114 million was not included, income before tax of 1Q-3Q’17 was up 22.2% or an increase of NT$113 million year-over-year. Net income was NT$479 million, or NT$1.10 per share. 1Q-3Q’17’s revenue by product categories: LAN/MAN accounted for 61% of 1Q-3Q’17 consolidated revenue, followed by Wireless Broadband at 27%, and Digital Multimedia at 12%.

Hsinchu, Taiwan, August 2, 2017 -- Alpha Networks Inc. (TWSE: 3380) today announced its consolidated financial results for the second quarter of 2017.

The consolidated revenue for 2Q17 was NT$5,092 million, up 6.9% from last quarter. Gross margin was 14.9%; the sequential decrease was impacted by product mix, fluctuation of exchange rate and higher costs of certain memory components. Operating expenses were NT$584 million, down 1.7% quarter-over-quarter. Operating income was NT$173 million, or 3.4% of net sales. Net income was NT$147 million, or NT$0.34 per share. 2Q17’s revenue by product categories: LAN/MAN accounted for 61% of 2Q17 consolidated revenue, followed by Wireless Broadband at 27%, and Digital Multimedia at 12%.

The consolidated revenue for the first half of 2017 was NT$9,857 million, down 15.2% year-over-year. However, gross margin was 16.0%, an increase of 1.3 points as a result of better product portfolio and disciplined cost management. Operating expenses were NT$1,179 million, down 11.9% from the prior year. Operating margin was up 6.8% YoY to NT$395 million, or 4.0% of net sales. Income before tax was NT$415 million, down 15.5% YoY. However, if gain on disposal of investment in 1H16, NT$114 million was not included, income before tax of 1H17 was up 10.1% or an increase of NT$38 million year-over-year. Net income was NT$318 million, or NT$0.73 per share. 1H17’s revenue by product categories: LAN/MAN accounted for 61% of 1H17 consolidated revenue, followed by Wireless Broadband at 25%, and Digital Multimedia at 14%.

Hsinchu, Taiwan, May 4, 2017 -- Alpha Networks Inc. (TWSE: 3380) today announced its consolidated financial results for the first quarter of 2017.

The consolidated revenue for 1Q17 was NT$4,765 million, down 8.2% on a year-over-year basis. However, gross profit increased 9.4% to NT$816 million from last year, and gross margin was 17.1%, up 2.7 points as a result of better product mix and disciplined cost management. Operating expenses were NT$594 million, down 8.0% year-over-year. Operating income was NT$222 million, or 4.7% of net sales. Net income increased 120.5% to NT$172 million year-over-year, or NT$0.40 per share.

1Q17’s revenue by product categories: LAN/MAN accounted for 61% of 1Q17 consolidated revenue, followed by Wireless Broadband at 23%, and Digital Multimedia at 16%.

Hsinchu, Taiwan, March 21, 2017 -- Alpha Networks Inc. (TWSE: 3380) today announced its consolidated financial results for the fourth quarter of 2016.

The consolidated revenue for 4Q16 was NT$5,136 million, up 1.2% from last quarter. Gross margin of 4Q16 was 14.1%, down 0.7 points from last quarter however, still better than the overall gross margin of 2015. Operating expense was NT$593 million, down 1.7% from last quarter. Operating income was NT$130 million, or 2.5% of net sales. Net income was NT$122 million, or NT$0.28 per share. 4Q16’s revenue by product categories: LAN/MAN accounted for 60% of 4Q16 consolidated revenue, followed by Wireless Broadband at 26%, and Digital Multimedia at 14%.

The consolidated revenue for 2016 was NT$21,831 million, slightly down 5.1% on a year-over-year basis. However, gross profit increased 9.8% to NT$3,183 million from a year ago, with gross margin improved to 14.6% as a result of better product portfolio and disciplined cost management. Operating expense was NT$2,534 million, down 9.5% from the prior year. Operating margin was up 562% YoY to NT$649 million. Net income after tax was NT$608 million, or NT$1.40 per share. Revenue by product categories: LAN/MAN accounted for 55% of 2016 consolidated revenue, followed by Wireless Broadband at 27%, and Digital Multimedia at 18%.