Siliconware Precision Industries (ADR) (SPIL) Releases Earnings Results, Misses Expectations By $-0.38 EPS

Siliconware Precision Industries (ADR) (SPIL) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $0.39 earnings per share for the quarter, missing the analyst consensus estimate by $-0.38. Analysts had a consensus of $0.77. The company posted revenue of $19299.30 million in the period, compared to analysts expectations of $19773.36 million. The company’s revenue was down -7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS.

Many Wall Street Analysts have commented on Siliconware Precision Industries (ADR). Siliconware Precision Industries (ADR) was Downgraded by Citigroup to ” Neutral” on Apr 27, 2016.

Siliconware Precision Industries (ADR) opened for trading at $7.58 and hit $7.68 on the upside on Wednesday, eventually ending the session at $7.66, with a gain of 0.13% or 0.01 points. The heightened volatility saw the trading volume jump to 3,97,754 shares. Company has a market cap of $4,774 M.

Siliconware Precision Industries Co. Ltd. is an independent provider of semiconductor packaging and testing services. The Company offers packaging and testing solutions including advanced packages substrate packages and lead-frame packages as well as testing for logic and mixed signal devices. It also offers its customers turnkey service from packaging and testing to shipment service. It focuses on customers in the personal computer communications consumer integrated circuits and non-commodity memory semiconductor markets. It develops advanced packaging technologies such as flip-chip and wafer bumping technologies. It provides testing services such as wafer probing final testing tooling design and other testing services. It provides final testing services for a range of logic and mixed signal and radio frequency integrated circuit packages and other integrated circuit packages including complex and high-performance integrated circuits as well as lower-performance ones.

Siliconware Precision Industries (ADR)

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