ChipMOS REPORTS FIRST QUARTER 2017 RESULTS

Time: 4:00PM Taiwan (4:00AM New York)
Dial-In: +886-2-21928016
Password:  797842#
Replay Starting 2 Hours After Live Call Ends: www.chipmos.com
Language: Mandarin

2. Date: Thursday, May 11, 2017
Time: 7:00PM Taiwan (7:00AM New York)
Dial-In: +1-201-689-8562
Password: 13660049
Replay Starting 2 Hours After Live Call Ends: +1-412-317-6671, with ID 13660049
Webcast of Live Call and Replay: www.chipmos.com
Language: English

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) ( http://www.chipmos.com ) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange commission (the "SEC") and in the Company's other filings with the SEC.

About Non-Generally Accepted Accounting Principles ("Non-GAAP") Financial Measures

To supplement the consolidated financial results presented in accordance with the Taiwan-IFRS, ChipMOS uses non-GAAP free cash flow, non-GAAP earnings before interest, taxes, depreciation and amortization ("EBITDA") and non-GAAP net debt to equity ratio in this press release. The non-GAAP free cash flow represents operating profit plus depreciation, amortization and interest income and less capital expenditures, predecessors' interests, interest expenses, income tax expense and dividend. The non-GAAP EBITDA represents operating profit plus depreciation and amortization. The non-GAAP net debt to equity ratio represents the ratio of net debt, the sum of debt less cash and cash equivalent, divided by equity attributable to equity holders of the Company.  These non-GAAP financial measures may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently.

The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with the Taiwan-IFRS.

ChipMOS considers the use of non-GAAP free cash flow, non-GAAP EBITDA and non-GAAP net debt to equity ratio provides useful information to management to manage the Company's business and make financial and operational decisions and also to the investors to understand and evaluate the Company's business and operating performance. For more information on these non-GAAP financial measures, please refer to the table captioned "Reconciliations of Non-GAAP Measures to the Nearest Comparable GAAP Measures" in this press release.

- FINANCIAL TABLES FOLLOW BELOW -

ChipMOS TECHNOLOGIES INC.

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the Three Months Ended Mar. 31, 2017, Dec. 31, and Mar. 31, 2016

Figures in Million of U.S. dollars (USD) (1)

Except for Per Share Amounts and Shares Outstanding



Three months ended


Mar. 31, 2017


Dec. 31, 2016


Mar. 31, 2016


USD


USD


USD

Revenue

150.1


153.6


146.4

Cost of revenue

(123.2)


(121.9)


(117.1)

Gross profit

26.9


31.7


29.3







Research and development expenses

(8.5)


(6.7)


(6.6)

Sales and marketing expenses

(0.7)


(0.6)


(0.6)

General and administrative  expenses

(5.4)


(7.7)


(6.6)

Other operating income (expenses), net

22.4


0.1


1.0







Operating profit

34.7


16.8


16.5







Non-operating income (expenses), net

(14.2)


5.8


(6.2)







Profit (Loss) before tax

20.5


22.6


10.3







Income tax benefit (expense)

(4.0)


4.0


(2.4)







Profit from continuing operations

16.5


26.6


7.9







Income (Loss) from discontinued operations

61.8


(0.7)


0.5







Profit (Loss) for the year

78.3


25.9


8.4







Attributable to:






Equity holders of the Company

 - Continuing operations

16.5


20.9


11.0

- Discontinued operations

61.8


(0.7)


0.5

Predecessors' interests under common control

-


5.7


(3.1)


78.3


25.9


8.4


















« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalGISCafe Guest
by Sanjay Gangal
GISCafe Industry Predictions for 2025 – NV5
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas Convention Center Las Vegas NV - Jan 7 - 10, 2025
GeoBuiz Summit 2025 at Hyatt Regency Aurora-Denver Conference Center. Denver CO - Jan 13 - 15, 2025
Coastal GeoTools 2025 Conference at 301 North Water Street - Jan 27 - 30, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise