Taipei, Taiwan, R.O.C – April 26th, 2012 – ADATA today posted consolidated financial results for the first quarter of 2012. Consolidated revenue was NT$7,074 million, down 16.54% sequentially. However, gross margin was 9.58% which is improved from the previous quarter. Net income was NT$288.96 million, an increase of 6.72% quarter over quarter. Based on 211 million outstanding shares, earning per share was NT$1.37.
Although the demand for NAND Flash was weak, ADATA first quarter financial results were slightly better than the previous quarter. However, the stronger price for DRAM, and a diversified portfolio of high-end products increased the company’s profitability.
ADATA expects the impacts of macroeconomic factors and traditional weak seasonal demand will affect operating performance in Q2. ADATA will take actions against any unfavorable conditions for the interests of the company.
ADATA 2012/Q1 Consolidated Financial Summary
|
Item (in millions of NT$)
|
2012/Q1
|
2011/Q4
|
QoQ%
|
2011/Q1
|
YoY%
|
|
Revenue
|
7,074
|
8,476
|
-16.54
|
7,842
|
-9.79
|
|
Gross Profit
|
678
|
803
|
-15.64
|
501
|
35.3
|
|
Operating income
|
260
|
353
|
-26.42
|
75
|
247.27
|
|
Net income before tax
|
364
|
375
|
-2.85
|
79
|
362.23
|
|
Net income after tax
|
289
|
271
|
6.72
|
96
|
201.72
|
|
EPS before tax (in dollars)
|
1.73
|
1.7
|
-
|
0.35
|
-
|
|
EPS after tax (in dollars)
|
1.37
|
1.23
|
-
|
0.42
|
-
|
| 
