Yes, I was the one that started the discussion on IMOS about a month ago. I think that a good part of the reason for the slide has been the overall slide in the semiconductor index (look at a chart of SOXX). Assuming that they hit the analyst EPS estimate of $0.25 for Q2, I think the PPS will take off. Based upon their released revenue numbers for Q2 of $148.8M (vs. $134.5M in Q1) I think they will meet the projection.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.