ChipMOS (IMOS) Revenue Rose 7.4% in August 2016

September 9, 2016 6:05 AM EDT
Get Alerts IMOS Hot Sheet
Trade IMOS Now!
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.

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

Revenue for the month of August 2016 was NT$1,706.6 million or US$53.8 million, an increase of 5.2% from the month of July 2016 and an increase of 7.4% from the same period in 2015. The growth is attributed to healthy customer demand for the Company's large panel LCD driver assembly and testing solutions, demand stability in the small panel LCD driver segment, a slight improvement in demand for the Company's DRAM testing solutions, and the positive impact of a favorable exchange rate. All U.S. figures in this release are based on the exchange rate of NT$31.74 to US$1.00 as of August 31, 2016.

Consolidated Monthly Revenues (Unaudited)

August 2016

July 2016

August 2015

MoM Change

YoY Change

Revenues

(NT$ million)

1,706.6

1,621.9

1,588.6

5.2%

7.4%

Revenues

(US$ million)

53.8

51.1

50.1

5.2%

7.4%

ChipMOS' August 2016 consolidated revenue 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