Tera Probe, Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the First Quarter of Fiscal 2017
May 11, 2017
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Tera Probe, Inc. announced consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, net sales were JPY 18,812 million compared to JPY 22,731 million a year ago. Operating income was JPY 2,334 million compared to JPY 2,783 million a year ago. Net income was JPY 1,290 million or JPY 139.00 per basic share compared to JPY 465 million or JPY 50.19 per basic share a year ago. Return on equity was 6.1% compared to 2.3% a year ago. Cash flows from operating activities were JPY 6,478 million compared to JPY 6,616 million a year ago. Profit before income taxes was JPY 2,508,606,000 compared to JPY 1,215,787,000 a year ago.
For the year, on non-consolidated basis, net sales were JPY 11,470 million compared to JPY 17,251 million a year ago. Operating income was JPY 156 million compared to JPY 1,496 million a year ago. Net income was JPY 417 million or JPY 44.95 per basic share compared to JPY 296 million or JPY 31.92 per basic share a year ago.
For the first quarter of fiscal 2017, the company expects to report net sales of JPY 6,000 million; operating income of JPY 590 million; net income of JPY 130 million; net income per share of JPY 14.00.
Tera Probe, Inc. is a Japan-based company mainly engaged in wafer testing, and final test consignment. The Company operates in two business segments. The Memory segment is mainly engaged in the contract wafer testing business of dynamic random access memory (DRAM) produced by semiconductor manufacturers and fabrication factories. The System Large-scale Integration (LSI) segment is principally involved in the contract wafer testing business of semiconductor products such as System on Chips (SoCs), image sensors and analogs produced by domestic and international semiconductor manufacturers and fabrication factories. This segment also operates contract final testing business.
Tera Probe, Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the First Quarter of Fiscal 2017