Deswell Industries (DSWL) Declares $0.035 Quarterly Dividend; 9.5% Yield
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Deswell Announces Third Quarter 2016 Results
March 11, 2016 8:30 AM EST- Company Announces Third Quarter Cash Dividend of $0.035 Per Share -
MACAO--(BUSINESS WIRE)-- Deswell Industries, Inc. (Nasdaq: DSWL) today announced its financial results for the fiscal third quarter ended December 31, 2015.
Net sales for the third quarter ended December 31, 2015 were $12.5 million, an increase of 15.5% compared to net sales of $10.8 million for the same quarter ended December 31, 2014. Net sales increased by 13.5% to $6.4 million in the Companys plastic segment and increased by 17.6% to $6.1 million in the electronic segment. The operating loss in the third quarter was $1.0 million, compared to an... More
