Parade Technologies, Ltd. announced its consolidated financial results for the first quarter fiscal year 2018 ended March 31, 2018 with net revenues of NT$2363.14 million ($78.86 million), an increase of 0.4%, compared to NT$2,352 million ($78.5 million) in Q1 2017. Net income for Q1 2018 was NT$404 million ($13.8 million), an increase of 8.9%, compared to NT$371 million ($12 million) in Q1 2017.
Looking forward to the guidance for the second quarter of fiscal year 2018, company expects net revenues to be in the range of NT$2262.21 million ($75.5 million) to NT$2471.95 million ($82.5 million).
