Siliconware Precision Industries Company, Ltd. (SPIL) Issues Earnings Results

Siliconware Precision Industries Company, Ltd. (NASDAQ:SPIL) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by $0.70, MarketWatch Earnings reports. The company had revenue of $20.42 billion for the quarter, compared to analyst estimates of $21.52 billion. Siliconware Precision Industries had a return on equity of 14.22% and a net margin of 10.89%. The business’s revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 earnings per share.

Shares of Siliconware Precision Industries (NASDAQ:SPIL) traded up 0.61% during midday trading on Wednesday, hitting $8.20. 78,741 shares of the stock were exchanged. Siliconware Precision Industries has a 12-month low of $7.05 and a 12-month high of $8.39. The firm has a 50-day moving average price of $8.12 and a 200 day moving average price of $7.96. The firm has a market cap of $5.11 billion, a PE ratio of 20.76 and a beta of 0.40.

The firm also recently announced an annual dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 4th will be given a $0.2877 dividend. This represents a dividend yield of 3.53%. The ex-dividend date of this dividend is Wednesday, August 2nd.

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A number of brokerages have recently commented on SPIL. BidaskClub cut shares of Siliconware Precision Industries from a “hold” rating to a “sell” rating in a research report on Saturday, June 17th. ValuEngine upgraded shares of Siliconware Precision Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th.

About Siliconware Precision Industries

Siliconware Precision Industries Co, Ltd. is a Taiwan-based company mainly engaged in the provision of packaging and testing services of integrated circuits (ICs) and related products. The Company’s businesses include the manufacture, processing, assembly, testing and importing and exporting of ICs, transistors, light emitting diode (LED) digital displays, LED lights, liquid crystal display (LCD) clock cores, phototransistors, synthesis circuits, as well as thin film circuits and thick film circuits.

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