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Espressif Logs Higher Q2 Profit, Revenue; Shares Jump 13%

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Espressif Systems Shanghai (SHA:688018) posted second-quarter attributable net income of 198.6 million yuan, up from 167.6 million yuan the previous year.

Earnings per share climbed to 1.4314 yuan from 1.2049 yuan, according to a half-year report filed with the Shanghai bourse.

Revenue climbed year over year to 832.7 million yuan from 687.7 million yuan.

Shares of the fabless semiconductor maker jumped 13% in recent trade.

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