SunEdison Semi (SEMI) Reports In-Line Q1 EPS
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May 7, 2015 4:40 PM EDT
ST. PETERS, Mo., May 7, 2015 (GLOBE NEWSWIRE) -- SunEdison Semiconductor Limited (Nasdaq: SEMI) ("SunEdison Semiconductor" or the "Company") today reported financial results for the first quarter ended March 31, 2015.
Highlights:
Operating cash flow of $34.6 million, up compared to $8.9 million in the prior quarter
Gross profit dollars and margin up significantly year-over-year despite a decline in pricing
SOI continues strong sequential growth trajectory
Results Review
Net sales for the 2015 first quarter were $199.4 million, down 3.2% sequentially compared to $205.9 million in the 2014 fourth quarter and down 3.3%... More
May 7, 2015 4:40 PM EDT
ST. PETERS, Mo., May 7, 2015 (GLOBE NEWSWIRE) -- SunEdison Semiconductor Limited (Nasdaq: SEMI) ("SunEdison Semiconductor" or the "Company") today reported financial results for the first quarter ended March 31, 2015.
Highlights:
Operating cash flow of $34.6 million, up compared to $8.9 million in the prior quarter
Gross profit dollars and margin up significantly year-over-year despite a decline in pricing
SOI continues strong sequential growth trajectory
Results Review
Net sales for the 2015 first quarter were $199.4 million, down 3.2% sequentially compared to $205.9 million in the 2014 fourth quarter and down 3.3%... More
