Siliconware Precision Industries Beats on Revenue, Matches Expectations on EPS

Seth Jayson, The Motley Fool
Updated

Siliconware Precision Industries (NAS: SPIL) reported earnings on Jan. 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Siliconware Precision Industries beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue shrank slightly, and GAAP earnings per share were the same.

Margins improved across the board.

Revenue details
Siliconware Precision Industries reported revenue of $518.7 million. The 15 analysts polled by S&P Capital IQ predicted net sales of $508.4 million. Sales were 2.3% lower than the prior-year quarter's $530.9 million.

anImage
anImage

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.06. The three earnings estimates compiled by S&P Capital IQ forecast $0.06 per share on the same basis. GAAP EPS of $0.01 for Q4 were the same as the prior-year quarter's $0.01 per share.

anImage
anImage

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 16.0%, 170 basis points better than the prior-year quarter. Operating margin was 8.5%, 60 basis points better than the prior-year quarter. Net margin was 7.5%, 30 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $494.1 million. On the bottom line, the average EPS estimate is $0.06.

Next year's average estimate for revenue is $2.17 billion. The average EPS estimate is $0.38.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 617 members out of 637 rating the stock outperform, and 20 members rating it underperform. Among 149 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 148 give Siliconware Precision Industries a green thumbs-up, and one gives it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Siliconware Precision Industries is outperform, with an average price target of $5.36.

Is Siliconware Precision Industries the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.

At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement