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Article: STATS Reports Second Quarter 2004 Results; Net Revenues up 59% from Year-Ago-Quarter Improving Gross and Operating Margins.
- Article from:
- Business Wire
- Article date:
- July 27, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SINGAPORE & MILPITAS, Calif. -- ST Assembly Test Services Ltd (Nasdaq:STTS) -
--Net revenues of $139.0 million
--Earnings per ADS of $0.04
ST Assembly Test Services Ltd ("STATS") (Nasdaq:STTS) and (SGX: ST Assembly), a leading semiconductor test and assembly service provider, today reported second quarter net revenues of $139.0 million, an increase of 59% over the same quarter a year ago and an increase of 5% over the prior quarter.
Net income for the second quarter 2004 was $4.7 million compared to a net loss of $0.7 million in the same quarter a year ago, and net income of $4.1 million in the prior quarter. Diluted earnings per ...