Siliconware Precision Industries
The 10-second takeaway
For the quarter ended June 30 (Q2), Siliconware Precision Industries met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share increased.
Margins grew across the board.
Siliconware Precision Industries recorded revenue of $554.3 million. The 17 analysts polled by S&P Capital IQ hoped for a top line of $559.3 million on the same basis. GAAP reported sales were 8.5% higher than the prior-year quarter's $510.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.08. The two earnings estimates compiled by S&P Capital IQ predicted $0.09 per share. GAAP EPS of $0.02 for Q2 were 100% higher than the prior-year quarter's $0.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 19.3%, 370 basis points better than the prior-year quarter. Operating margin was 11.4%, 310 basis points better than the prior-year quarter. Net margin was 8.9%, 130 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $587.9 million. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $2.23 billion. The average EPS estimate is $0.33.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 600 members out of 625 rating the stock outperform, and 25 members rating it underperform. Among 113 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 110 give Siliconware Precision Industries a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Siliconware Precision Industries is outperform, with an average price target of $5.57.
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