initial public offerings (IPOs) trading on American exchanges
Showing posts with label Sunedison Semiconductor (SEMI). Show all posts
Showing posts with label Sunedison Semiconductor (SEMI). Show all posts

Tuesday, June 10, 2014

SunEdison Semiconductor (SEMI) began trading on the NASDAQ on 22 May 2014


SunEdison Semiconductor (NASDAQ:SEMI) is a silicon wafer manufacturer that was spun out of solar technology company SunEdison (NYSE:SUNE).

The IPO raised $94 million by offering 7.2 million shares at 13, the low end of its estimated range. The company also raised $100 million from major customer Samsung in a concurrent private placement.

The Singapore-based company was founded in 1959 and previously known as MEMC Electronic Materials. Besides Samsung, other large customers include Taiwan Semiconductor Manufacturing (NYSE:TSM) and STMicroelectronics (NYSE:STM).

In the fourth quarter, SunEdison Semiconductor reported revenue of $211.6 million, down 9% from the year-earlier quarter, and a loss of $43.3 million.

Its U.S. headquarters are in St. Peters, Mo.

Address

501 PEARL DRIVE
ST PETERS, MO 63376
United States 

Key stats and ratios

Q1 (Mar '14)2013
Net profit margin-7.38%-6.01%
Operating margin-8.20%-2.06%
EBITD margin-6.43%
Return on average assets-5.34%-4.15%
Return on average equity-9.03%-8.00%
Employees4,100