Deswell Announces First Half 2027 Results
Business Wire•12/11/2026•08:30 ET
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Key Highlights
- ➤Net income $5.0 million, down from $7.5 million year over year
- ➤Operating income $0.9 million, versus $2.5 million previously
- ➤Net sales $33.0 million, down 0.6% year over year
- ➤First-half dividend declared at $0.10 per share, payable December 23
- ➤Cash $22.4 million and no borrowings as of September 30, 2026
Expert Statements
Edward So, Chief Executive Officer of Deswell Industries, Inc.
“Revenue largely held steady in the first half of fiscal 2027 despite cautious end-market spending and subdued customer demand, reflecting the strength of our long-standing customer relationships. Supply chain volatility pushed back the timing of new product introductions, as extended component lead times and limited parts availability affected launch schedules. At the same time, Renminbi appreciation raised our operating and locally sourced material costs, with mandated minimum wage increases adding to labor costs.”
Edward So, Chief Executive Officer of Deswell Industries, Inc.
“Our focus is on what we can control. We’re prioritizing operational efficiency, renegotiating supplier terms, and making selective investments in automation to protect margins while positioning ourselves for growth when customer demand improves. With a strong balance sheet, a solid cash position and no debt, we believe Deswell is well positioned to navigate the current economic environment to further drive shareholder value.”
Company Announces First Half Cash Dividend of $0.10 Per Share -
Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the first six months of fiscal 2027, ended September 30, 2026.
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