Earnings: Deswell Net Sales Up $DSWL

Deswell Industries, Inc., has announced its Annual results for FY-2014-15, ending 31st March 2015.

The results shows Net sales Rise by 2.3% quarterly to $7.9 million, whereas  EPS went up to $0.0008 from -$0.19.

Fiscal Q4 2015 Highlights vs. Same Year-ago Quarter

Net Sales up 2.3% to $8.126 Million
Net Sales of Plastic Segment up 29.6% to $4.5 million
Total gross margin improved to 11.5%

Fiscal Year 2015 Highlights vs. Fiscal Year 2014

Net Sales down 7.0% to $38.1 Million
Operating Loss was reduced to $5.1 Million
Total gross Profit improved to 3.436 Million

View the full release here.