ChipMOS Q1 Net Income Rises - Quick Facts

(RTTNews) - ChipMOS TECHNOLOGIES (IMOS), an industry leading provider of outsourced semiconductor assembly and test services, reported first quarter net income of $12.1 million, or $0.42 per share, compared to net income $10.6 million, or $0.35 per share, prior year.

Analysts polled by Thomson Reuters expected the company to report profit per share of $0.41 for the quarter. Analysts' estimates typically exclude special items.

Net revenue was $167.0 million, compared to $159.7 million for the same period in 2014. Analysts expected revenue of $165.15 million for the quarter.

The company expects second quarter of 2015 revenue to be flat to down in the low single digits as compared to the first quarter of 2015.