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VIA with a significant drop in sales

VIA with a significant drop in sales

VIA Technologies today announced its April sales. The results are anything but positive. With a turnover of 58.8 million US dollars, the result is more than 12 percent below the previous month of March, in which one took only 66.9 million.

Compared to the same quarter of the previous year, this value is a full 36 percent below that of the same quarter of the previous year. At that time, sales were still $ 92 million. Nevertheless, the results achieved exceeded VIA's market expectations. In terms of profits, however, it looked a little better. The profit margin in the first quarter was 40.1%, the highest in the last 5 quarters according to VIA. Net income was $ 30.9 million for the past quarter. Unfortunately, VIA did not give a forecast for the future.

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