Parade Technologies Reports Fourth Quarter and Fiscal 2023 Financial Results
Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed interface IC supplier, today announced financial results for the fourth fiscal quarter and fiscal year 2023 ended December 31, 2023, and provided guidance for the first quarter of fiscal year 2024.
- Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed interface IC supplier, today announced financial results for the fourth fiscal quarter and fiscal year 2023 ended December 31, 2023, and provided guidance for the first quarter of fiscal year 2024.
- In US dollars, the fourth quarter of 2023 consolidated revenue increased 2.71% sequentially and was up 18.41% year-over-year.
- The gross profit in the fourth quarter of 2023 was US$51.91 million, representing an increase of 1.44% from the previous quarter and an increase of 16.19% compared to the same quarter of last year.
- The financial figures detailed above for the fourth quarter of 2023 and for the year ended December 31, 2023 have not been audited or reviewed by independent accountants.