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OTCMKTS:SUOPY

SUMCO 11/8/2024 Earnings Results & Report

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$27.56 +4.06 (+17.28%)
As of 11:45 AM Eastern

SUMCO missed analyst expectations on both earnings and revenue in results released November 8, 2024. The company reported EPS of $0.14 versus the $0.26 consensus estimate, while revenue of $661.29 million fell short of the $748.30 million estimate by $87.01 million.

Earnings Announcement Details

Report Date
Time
Before Market Opens

SUMCO EPS Results

Actual EPS
$0.14
Consensus EPS
$0.26
Beat/Miss
Missed by -$0.12
One Year Ago EPS
N/A
EPS Beat Rate
2 of last 4 quarters

SUMCO Revenue Results

Actual Revenue
$661.29 million
Expected Revenue
$748.30 million
Beat/Miss
Missed by -$87.01 million
YoY Revenue Growth
N/A

Conference Call Resources

SUMCO Earnings FAQ

SUMCO (OTCMKTS:SUOPY) reported earnings of $0.14 per share for the quarter, missing the consensus estimate of $0.26. The report was announced on Friday, November 8, 2024.

SUMCO reported revenue of $661.29 million for the quarter, against a consensus estimate of $748.30 million.

SUMCO Earnings Headlines

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About SUMCO

SUMCO (OTCMKTS:SUOPY) Corporation is a Japan-based manufacturer of silicon wafers, the foundational materials used to produce semiconductor devices. Its products include polished and epitaxial wafers supplied to semiconductor manufacturers for use in a range of applications.

The company was established in 1999 as Sumitomo Mitsubishi Silicon Corporation through the combination of silicon wafer businesses associated with Sumitomo Metal Industries and Mitsubishi Materials. It adopted the SUMCO name in 2002.

Headquartered in Japan, SUMCO serves semiconductor manufacturers around the world.

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