ChipMOS (IMOS) Revenue Rose 5.3% in Sept. 2016

October 7, 2016 6:02 AM EDT
Get Alerts IMOS Hot Sheet
Trade IMOS Now!
Join SI Premium – FREE

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

ChipMOS TECHNOLOGIES (Bermuda) LTD. (Nasdaq: IMOS) reported its unaudited consolidated revenue for the month of September 2016 and for the third quarter 2016.

Revenue for the third quarter of 2016 was NT$5,015.6 million or US$160.4 million, representing an increase of 6.1% from the second quarter of 2016, and an increase of 3.9% from the third quarter of 2015. This is at the high-end of the Company's guidance, which called for the third quarter of 2016 revenue to increase approximately 3% to 7%, as compared to the second quarter of 2016. The Company's guidance remains unchanged for gross margin on a consolidated basis to be in the range of approximately 16% to 20% for the third quarter of 2016. The Company currently plans to report full results for the third quarter of 2016 and to hold a conference call in the morning of November 10, 2016 in the United States (the evening of November 10, 2016 in Taiwan).

Revenue for the month of September 2016 was NT$1,687.1 million or US$54.0 million, a decrease of 1.1% from the month of August 2016 and an increase of 5.3% from the same period in 2015. All U.S. figures in this release are based on the exchange rate of NT$31.27 to US$1.00 as of September 30, 2016.

Consolidated Monthly Revenues (Unaudited)

September 2016

August 2016

September 2015

MoM Change

YoY Change

Revenues

(NT$ million)

1,687.1

1,706.6

1,602.6

-1.1%

5.3%

Revenues

(US$ million)

54.0

54.6

51.3

-1.1%

5.3%

Consolidated Quarterly Revenues (Unaudited)

Third Quarter 2016

Second Quarter 2016

Third Quarter 2015

QoQ Change

YoY Change

Revenues

(NT$ million)

5,015.6

4,727.1

4,827.1

6.1%

3.9%

Revenues

(US$ million)

160.4

151.2

154.4

6.1%

3.9%

ChipMOS' September 2016 consolidated revenues included revenues of ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan"), ChipMOS U.S.A., Inc., and ChipMOS TECHNOLOGIES (BVI) LTD. and its wholly-owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News, Guidance

Add Your Comment