Phison: Fiscal 1Q23 Financial Results

Sales down 41%

By Jean Jacques Maleval | May 12, 2023 at 2:01 pm

	1Q22	1Q23	Growth
Revenue in US$ million	613	331	*-41%*
Net income in NT$ million	2,185	242

Phison Electronics Corp. announced financial results for 1FQ23 ended in April 2023.

1FQ23 revenue reached US$331 million, down 41.1% Y/Y and 15.6% Q/Q, with net income diminishing sharply, as the SSD controller business suffers from the decrease of SSD market.

Phison F1

The company has 2,000 patents, 3,800 employees including 75% of engineers.

Read also :

Phison: Fiscal 3Q22 Financial Results
Revenue at NT$14.6 billion, down -13% from 3FQ21
November 8, 2022 | Press Release

Phison: Fiscal July 2022 Financial Results
Revenue growth rate of -2% Y/Y
August 5, 2022 | Press Release

Phison: Fiscal 2Q22 Financial Results
Revenue up 2.4% Y/Y, -20% in net profit after tax
July 29, 2022 | Press Release

Phison: Fiscal June 2022 Financial Results
Consolidated revenue of NT$5.284 billion, up 3% Y/Y
July 8, 2022 | Press Release

Phison: May 2022 Financial Results
Annual growth rate of 18% Y/Y for revenue
June 13, 2022 | Press Release

Phison: Fiscal 1Q22 Financial Results
Revenue up 33% Y/Y, shipments of SATA and PCIe controllers increased by 25%+
May 6, 2022 | Press Release

Phison: Fiscal 1Q22 Financial Results
Annual cumulative revenue at NT$17.1 billion in March with annual growth rate of 33% Y/Y
April 11, 2022 | Press Release

Phison: Fiscal 4Q21 Financial Results
Y/Y revenue up 31% and 29% for FY21
March 8, 2022 | Press Release

target="_blank"