ChipMOS Technologies (IMOS) Revs Up 6.7% in June
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ChipMOS Technologies (Bermuda) Ltd. (Nasdaq: IMOS) reported its unaudited consolidated revenue for the month and quarter ending June 30, 2012.
Revenue for the month of June 2012 was NT$1,628.4 million or US$54.6 million, an increase of 0.6% from the month of May 2012 and an increase of 6.7% from the same period in 2011. On a quarterly basis, revenue for the second quarter of 2012 was NT$4,829.3 million or US$162.1 million, an increase of 10.2% from the first quarter of 2012 and an increase of 3.4% from the same period in 2011. This is in line with the Company's prior guidance for expected revenue growth of approximately 7% to 12% for the second quarter 2012, as compared to the first quarter of 2012. The Company continues to expect a further improvement in gross margin on a consolidated basis in the range of approximately 10% to 15% for the second quarter of 2012. All U.S. figures in this release are based on the exchange rate of NT$29.80 to US$1.00 as of June 29, 2012.
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Revenue for the month of June 2012 was NT$1,628.4 million or US$54.6 million, an increase of 0.6% from the month of May 2012 and an increase of 6.7% from the same period in 2011. On a quarterly basis, revenue for the second quarter of 2012 was NT$4,829.3 million or US$162.1 million, an increase of 10.2% from the first quarter of 2012 and an increase of 3.4% from the same period in 2011. This is in line with the Company's prior guidance for expected revenue growth of approximately 7% to 12% for the second quarter 2012, as compared to the first quarter of 2012. The Company continues to expect a further improvement in gross margin on a consolidated basis in the range of approximately 10% to 15% for the second quarter of 2012. All U.S. figures in this release are based on the exchange rate of NT$29.80 to US$1.00 as of June 29, 2012.
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