New Risk • May 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$658.3m market cap, or US$20.9m). Reported Earnings • May 18
First quarter 2026 earnings released: NT$1.00 loss per share (vs NT$0.96 loss in 1Q 2025) First quarter 2026 results: NT$1.00 loss per share (further deteriorated from NT$0.96 loss in 1Q 2025). Revenue: NT$54.3m (down 56% from 1Q 2025). Net loss: NT$115.9m (loss widened 109% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. New Risk • May 18
New major risk - Revenue and earnings growth Earnings have declined by 7.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$602.5m market cap, or US$19.1m). New Risk • May 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$117m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (NT$383.8m market cap, or US$12.1m). New Risk • Apr 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-NT$117m free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (NT$556.1m market cap, or US$17.5m). Reported Earnings • Apr 02
Full year 2025 earnings released: NT$6.00 loss per share (vs NT$0.057 profit in FY 2024) Full year 2025 results: NT$6.00 loss per share (down from NT$0.057 profit in FY 2024). Revenue: NT$537.9m (down 25% from FY 2024). Net loss: NT$356.9m (down NT$360.1m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 01
Array Inc., Annual General Meeting, Jun 24, 2026 Array Inc., Annual General Meeting, Jun 24, 2026. Location: 9 floor no,350, sung chiang rd., jhongshan district, taipei city Taiwan Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$10.05, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 30x in the Communications industry in Taiwan. Total loss to shareholders of 56% over the past three years. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$892.9m market cap, or US$28.4m). Tillkännagivande • Dec 25
Array Inc. announced that it expects to receive TWD 90 million in funding Array Inc. announces a private placement to issue 5,625,000 common shares at a price of NTD 16 per share for gross proceeds of NTD 90,000,000 on December 24, 2025. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$970.3m market cap, or US$30.9m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.11 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.14 (up from NT$0.11 in 3Q 2024). Revenue: NT$214.0m (up 21% from 3Q 2024). Net income: NT$8.20m (up 29% from 3Q 2024). Profit margin: 3.8% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 03
Second quarter 2025 earnings released: EPS: NT$0.28 (vs NT$0.087 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.28 (up from NT$0.087 in 2Q 2024). Revenue: NT$249.3m (up 44% from 2Q 2024). Net income: NT$16.4m (up 231% from 2Q 2024). Profit margin: 6.6% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. New Risk • Jul 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$206m free cash flow). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Market cap is less than US$100m (NT$1.28b market cap, or US$43.8m). Tillkännagivande • Jun 24
Array Inc. Appoints Chen, Ming-Hau as Independent Director Array Inc. at its AGM held on June 23, 2025 appointed Chen, Ming-Hau as Independent director. New Risk • Jun 10
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$206m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-NT$206m free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (NT$1.28b market cap, or US$42.6m). Reported Earnings • May 15
First quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.85 loss in 1Q 2024) First quarter 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.85 loss in 1Q 2024). Revenue: NT$123.9m (up 21% from 1Q 2024). Net loss: NT$55.5m (loss widened 15% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. New Risk • May 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (69% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.27b market cap, or US$41.8m). Tillkännagivande • May 03
Array Inc. to Report Q1, 2025 Results on May 12, 2025 Array Inc. announced that they will report Q1, 2025 results on May 12, 2025 Tillkännagivande • Mar 30
Array Inc. announced a financing transaction Array Inc. announced a private placement that it will issue 20,000,000 shares of the company to receive funding on March 28, 2025. The transaction has been approved by the board of directors of the company. Tillkännagivande • Mar 14
Array Inc., Annual General Meeting, Jun 23, 2025 Array Inc., Annual General Meeting, Jun 23, 2025. Location: 6 floor no,88, yen ch`ang rd., sinyi district, taipei city Taiwan Tillkännagivande • Mar 06
Array Inc. to Report Q4, 2024 Results on Mar 13, 2025 Array Inc. announced that they will report Q4, 2024 results on Mar 13, 2025 New Risk • Feb 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (86% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.54b market cap, or US$46.8m). Tillkännagivande • Nov 30
Array Inc. Announces Dismissal of Roland, Hsu as Chief Technology Officer Array Inc. announced dismissal of Roland, Hsu as Chief Technology Officer. Effective date: November 29, 2024. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.56 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.11 (up from NT$0.56 loss in 3Q 2023). Revenue: NT$177.4m (up 65% from 3Q 2023). Net income: NT$6.37m (up NT$37.8m from 3Q 2023). Profit margin: 3.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 36% per year. Tillkännagivande • Nov 05
Array Inc. to Report Q3, 2024 Results on Nov 12, 2024 Array Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Sep 03
Second quarter 2024 earnings released: EPS: NT$0.09 (vs NT$0.054 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.09 (up from NT$0.054 loss in 2Q 2023). Revenue: NT$173.1m (up 13% from 2Q 2023). Net income: NT$4.95m (up NT$8.00m from 2Q 2023). Profit margin: 2.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 05
Array Inc. to Report Q2, 2024 Results on Aug 12, 2024 Array Inc. announced that they will report Q2, 2024 results on Aug 12, 2024 Tillkännagivande • May 15
Array Inc. Announces Demise of Yang, Chin-Hui, Independent Director, Member of Audit Committee and Remuneration Committee Array Inc. announced change of the Company's independent director from the functional committees. Name of the functional committees: Audit Committee, Remuneration Committee. Name of the previous position holder: Yang, Chin-Hui Resume of the previous position holder: Independent Director of Array Inc. Reason for the change: death. Original term is from March 16, 2023 to March 15, 2026. Any other matters that need to be specified: Regarding the death of Yang, Chin-Hui, the company's independent director, the company received news on May 13, 2024. The independent directors of the company's audit committee will be by-elected at the 2025 shareholders' meeting, and the members of the remuneration Committee will be appointed at the latest board of director. Tillkännagivande • May 03
Array Inc. to Report Q1, 2024 Results on May 10, 2024 Array Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024 Tillkännagivande • Apr 09
Array Inc., Annual General Meeting, Jun 24, 2024 Array Inc., Annual General Meeting, Jun 24, 2024. Location: 22F., No. 77, Sec. 2, Dunhua S. Rd., Da’an Dist., Taipei City Taipei Taiwan Agenda: To consider 2023 Business report; to Audit Committee's review report; to report the Company’s Cumulative deficits has reached one half of its paid-in capital; to Private placement securities handling status report handling status report; to Adoption of the 2023 Business Report and Financial Statements; to approve 2023 Statement of Appropriations for Profits and Losses; to The issuance of new restricted employee shares; and to consider other matters if any. Reported Earnings • Mar 31
Full year 2023 earnings released: NT$0.39 loss per share (vs NT$3.65 loss in FY 2022) Full year 2023 results: NT$0.39 loss per share (improved from NT$3.65 loss in FY 2022). Revenue: NT$626.7m (up 35% from FY 2022). Net loss: NT$21.2m (loss narrowed 88% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 17
Array Inc. Announces the Change of Representative of Juristic Person Director Array Inc. announced name and resume of the previous position holder: Zhao Yao, General Manager of Array Networks Ph.D. in Mechanical and Aerospace Engineering, State University of New York at Buffalo, USA Rutgers State University, New Jersey, USA Master of Business Administration (MBA) with name and resume of the new position holder: Jiann-Chyau Hwang, Vice President of MetaEdge Corporation Global Sale Director of Solomon Technology Corporation California State University, Master of Business Administration major in International Business. Reason for the change: Change in representative of juristic person director. Effective date of the new appointment is January 16, 2024. Reported Earnings • Nov 15
Third quarter 2023 earnings released: NT$0.56 loss per share (vs NT$0.93 loss in 3Q 2022) Third quarter 2023 results: NT$0.56 loss per share (improved from NT$0.93 loss in 3Q 2022). Revenue: NT$107.3m (up 24% from 3Q 2022). Net loss: NT$31.4m (loss narrowed 31% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. New Risk • Oct 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.6% average weekly change). Earnings have declined by 20% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (NT$1.52b market cap, or US$47.0m). Tillkännagivande • Sep 29
Array Inc. Appoints Roland, Hsu as Chief Technology Officer, Effective October 1, 2023 Array Inc. announced that name, title, and resume of the new position holder: Roland, Hsu as Chief Technology Officer. Date of occurrence of the change is September 28, 2023. Effective date: October 1, 2023. Reported Earnings • Sep 03
Second quarter 2023 earnings released: NT$0.05 loss per share (vs NT$0.14 loss in 2Q 2022) Second quarter 2023 results: NT$0.05 loss per share (improved from NT$0.14 loss in 2Q 2022). Revenue: NT$152.8m (up 16% from 2Q 2022). Net loss: NT$3.05m (loss narrowed 55% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 11
Array Inc. Announces the Resignation of Yeh, Kuan-I as Independent Director, Member of the Audit Committee and Member of the Remuneration Committee Array Inc. announced the resignation of Yeh, Kuan-I as Independent Director, member of the audit committee and member of the remuneration committee, effective August 10, 2023. Tillkännagivande • Jul 27
Array Inc. Announces General Manager Change Array Inc. announced the change of Company's general manager. Name of the previous position holder: Chien-Chin Lien, Chairperson of Array Inc. Name of the new position holder: Jiann-Chyau Hwang, Vice President of MetaEdge Corporation. Effective date of the new appointment is August 1, 2023. New Risk • Jul 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$206m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (NT$1.78b market cap, or US$57.2m). Board Change • Apr 01
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 1 experienced director. 1 highly experienced director. CEO, President, Acting CTO, VP of Engineering, Research and Development Officer & Director Michael Zhao is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Lancy Chang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 21
Second quarter 2022 earnings released: NT$0.14 loss per share (vs NT$0.46 loss in 2Q 2021) Second quarter 2022 results: NT$0.14 loss per share (up from NT$0.46 loss in 2Q 2021). Revenue: NT$132.3m (up 69% from 2Q 2021). Net loss: NT$6.83m (loss narrowed 70% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Jul 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Lancy Chang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Tillkännagivande • Jun 11
Array Inc. Announces Executive Changes Array Inc. announced position (Please enter chairperson or president/general manager): President. Name of the previous position holder Yao Zhao. Resume of the previous position holder Director and President of Array Inc. Name of the new position holder Chien-Chin Lien. Resume of the new position holder Chairperson of Array Inc. Reason for the change is job relocation. Effective date of the new appointment is June 10, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Robert Hsieh was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 01
Array Networks, Inc. Announces the Resignation of Jason Hsuan and Grace Tsai as Independent Directors and Member of the Audit Committee and Remuneration Committee Array Networks, Inc. announced the resignation of Jason Hsuan and Grace Tsai as independent directors and member of the audit committee and remuneration committee, effective March 31, 2022. Reported Earnings • Mar 28
Full year 2021 earnings released: NT$1.94 loss per share (vs NT$2.10 loss in FY 2020) Full year 2021 results: NT$1.94 loss per share (up from NT$2.10 loss in FY 2020). Revenue: NT$433.4m (down 14% from FY 2020). Net loss: NT$95.6m (loss narrowed 7.4% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Executive Departure • Sep 07
Director of Investor Relations Stacey Wang has left the company On the 1st of September, Stacey Wang's tenure as Director of Investor Relations ended. We don't have any record of a personal shareholding under Stacey's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Sep 01
Second quarter 2021 earnings released: NT$0.46 loss per share (vs NT$0.64 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: NT$78.2m (down 26% from 2Q 2020). Net loss: NT$22.6m (loss narrowed 29% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2021 earnings released: NT$0.71 loss per share (vs NT$0.96 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$116.1m (up 13% from 1Q 2020). Net loss: NT$35.1m (loss narrowed 26% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 20
Full year 2020 earnings released: NT$2.10 loss per share (vs NT$2.44 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$506.5m (down 5.5% from FY 2019). Net loss: NT$103.2m (loss narrowed 16% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 17
Array Networks, Inc., Annual General Meeting, Jun 11, 2021 Array Networks, Inc., Annual General Meeting, Jun 11, 2021. Executive Departure • Feb 23
CTO & VP of Engineering has left the company On the 19th of February, Vinod Pisharody's tenure as CTO & VP of Engineering ended after 2.5 years in the role. We don't have any record of a personal shareholding under Vinod's name. Vinod is the only executive to leave the company over the last 12 months. Tillkännagivande • Feb 22
Array Networks, Inc. Announces Executive Changes Array Networks, Inc. announced name, title, and resume of the previous position holder: Vinod B. Pisharody, Vice President. Name, title, and resume of the new position holder: the company's CEO-Yao Zhao will act as research and development officer. Date of occurrence of the change is February 19, 2021. Is New 90 Day High Low • Jan 20
New 90-day low: NT$10.70 The company is down 6.0% from its price of NT$11.40 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: NT$13.70 The company is up 9.0% from its price of NT$12.55 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: NT$13.10 The company is up 22% from its price of NT$10.75 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 9.0% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: NT$0.40 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: NT$124.2m (flat on 3Q 2019). Net loss: NT$19.7m (loss narrowed 35% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.