SunEdison Semi (SEMI) Misses Q2 EPS by 5c

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SunEdison Semiconductor Reports Second Quarter 2015 Results

August 5, 2015 4:05 PM EDT

ST. PETERS, Mo., Aug. 5, 2015 (GLOBE NEWSWIRE) -- SunEdison Semiconductor Limited (NASDAQ: SEMI) ("SunEdison Semiconductor" or the "Company") today reported financial results for the second quarter ended June 30, 2015.

Highlights:

Revenue grew sequentially on higher volume, flat pricing   Gross profit dollars and margin were up sequentially   SOI grew sequentially and demand remains strong   Signed long-term polysilicon supply agreement with SunEdison

Results Review

Net sales for the 2015 second quarter were $207.4 million, up 4.0% sequentially compared to $199.4 million in the 2015 first quarter but down... More