|Hsinchu, Taiwan, October 29, 2015 - Vanguard International Semiconductor Corporation today announced its third quarter financial results. Third quarter consolidated revenue was NT$5,296 million, net income around NT$851 million, and EPS about NT$0.51.
On a sequential basis, third quarter revenue decreased around 13.8% to NT$5,296 million, from NT$6,144 million in previous quarter. On a year-over-year comparison, revenue for the third quarter decreased around 14.4%. Gross profit margin was around 27.2%. Operating profit margin was around 16.9%
For the fourth quarter of 2015, VIS spokesperson Mr. D.L. Tseng said, Ą§Since customer demand is soft, and downstream industries continue working on inventory digestion, we expect revenue to be between NT$5.1 billion and NT$5.4 billion. Gross profit margin to be between 26% and 28%. Operating profit margin to be between 15.5% and 17.5%.Ą¨