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ChipMOS TECHNOLOGIES (Bermuda) LTD. Q1 Earnings Retreat 75%

ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS) released a profit for first quarter that declined compared to the same period last year.

The company said its profit dropped to $2.9 million, or $0.10 per share. This was lower than $11.7 million, or $0.40 per share, in last year's first quarter.

The company said revenue for the quarter fell 9.5% to $146.8 million. This was down from $162.2 million last year.

ChipMOS TECHNOLOGIES (Bermuda) LTD. earnings at a glance:

-Earnings (Q1): $2.9 Mln. vs. $11.7 Mln. last year.
-Earnings Decline (Y-o-Y): -75.2%
-EPS (Q1): $0.10 vs. $0.40 last year.
-EPS Decline (Y-o-Y): -75.0%
-Revenue (Q1): $146.8 Mln vs. $162.2 Mln last year.
-Revenue Change (Y-o-Y): -9.5%

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