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Alpha Networks suffers net loss for 3Q15

  • Author:Abby
  • Release on :2015-11-11

Networking/communication device maker Alpha Networks has released its third-quarter 2015 financial report, posting consolidated revenues of NT$5.467 billion (US$167 million), gross margin of 13.27%, net operating loss of NT$18 million, net loss of NT$292 million and net loss per share of NT$0.62.

For January-September, Alpha Networks recorded consolidated revenues of NT$17.626 billion, gross margin of 12.82%, net operating profit of NT$146 million, net loss of NT$225 million and net loss per share of NT$0.48.

Alpha Networks will buy back 15 million shares of its stock at a price interval of NT$13.02-27.38 per share during November 10, 2015-January 8, 2016.

Alpha Networks has also announced its October results, with consolidated revenues reaching NT$1.637 billion (US$50.4 million), down 26.10% sequentially and 9.32% on year. Those for January-October totaled NT$19.262 billion, rising 2.45% on year