SunEdison Semi (SEMI) Misses Posts Q2 Loss of $1.15/Share

SunEdison Semi (NASDAQ: SEMI) reported Q2 EPS of ($1.15), which may not compare to the analyst estimate of ($0.49). Revenue for the quarter came in at $190.9 million versus the consensus estimate of $198.35 million.

"I am pleased with our second quarter performance. We grew our revenue and gross profits sequentially. Wafer demand improved quarter-on-quarter across all diameters, and this together with stable average pricing had a positive impact on our revenue," said Shaker Sadasivam, President and CEO. "Although there is nothing material to report at this time on our ongoing review of strategic alternatives, those efforts are continuing while we remain focused on delivering high quality products and service for our customers."

For earnings history and earnings-related data on SunEdison Semi (SEMI) click here.

You May Also Be Interested In

• JPMorgan Upgrades Aviva Plc (AV/:LN) (AIVAF) to Overweight
• Southland Holdings (SLND) Misses Q2 EPS by 122c
• Pan American Silver (PAAS) Misses Q2 EPS by 19c