|Hsinchu, Taiwan, November 3, 2016 - Vanguard International Semiconductor Corporation today announced its third quarter 2016 financial results. Third quarter consolidated revenue was NT$6,555 million, net income around NT$1,312 million, and EPS about NT$0.80.
On a sequential basis, third quarter 2016 revenue increased around 1.4% to NT$6,555 million, from NT$6,463 million in previous quarter. On a year-over-year comparison, revenue for the third quarter increased around 23.8%. Gross profit margin was around 34.4%. Operating profit margin was around 23.4%
For the fourth quarter of 2016, VIS spokesperson Mr. D.L. Tseng said, Ą§Looking forward, we anticipate a stable wafer demand from customers, we expect revenue to be between NT$6.35 billion and NT$6.65 billion. Gross profit margin to be between 32.5% and 34.5%. Operating profit margin to be between 21% and 23%.Ą¨