"Time-lapse camera maker Brinno has reported net profit of NT$8.02 million (US$260,000) for first-quarter 2019. hiking 573% on year.
Brinno posted consolidated revenues of NT$160.9 million, gross margin of 28.75%, and net EPS of NT$0.36 for the first quarter. The consolidated revenues grew 50.6% on year and were the highest quarterly level since fourth-quarter 2017.
Global demand for smart home security is growing fast, bringing business opportunities for Brinno, the company said, adding it has been in talks with Europe-based Friday Labs about integrating Friday-developed smart locks with Brinno-developed peephole front-door cameras.."
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