initial public offerings (IPOs) trading on American exchanges

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

No comments:

Post a Comment