Semiconductor Manufacturing (SMI) Reports In-Line Q4 EPS of 4c/ADS

Semiconductor Manufacturing (NYSE: SMI) reported Q4 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $485.9 million versus the consensus estimate of $487.93 million.

First Quarter 2015 Guidance:

The following statements are forward looking statements which are based on current expectations and which involve risks and uncertainties, some of which are set forth under "Safe Harbor Statements" below.

• Revenue is expected to increase by 2% to 5% quarter over quarter.
• Gross margin is expected to range from 27% to 29%.
• Non-GAAP operating expenses excluding the effect of employee bonus accrual, government funding and gain from the disposal of living quarters are expected to range from $123 million to $128 million.

For earnings history and earnings-related data on Semiconductor Manufacturing (SMI) click here.

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