Sumco (SUMCF) Expected to Post Quarterly Earnings on Thursday

Sumco (OTCMKTS:SUMCFGet Free Report) is anticipated to release its resultson Thursday, August 6th. Analysts expect Sumco to announce earnings of ($0.0377) per share and revenue of $683.8440 million for the quarter.

Sumco Stock Down 5.3%

Shares of OTCMKTS SUMCF opened at $18.41 on Thursday. The company has a fifty day moving average price of $25.45 and a 200 day moving average price of $17.06. Sumco has a 1-year low of $7.09 and a 1-year high of $36.43.

About Sumco

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Sumco Corporation is a Tokyo-based manufacturer specializing in high-purity silicon wafers, a critical substrate for semiconductor device fabrication. Established in 1999 through the merger of the silicon wafer operations of Sumitomo Metal Industries and Mitsubishi Materials, the company has grown to become one of the world’s leading suppliers of mono- and polycrystalline silicon wafers. These wafers serve as fundamental components for integrated circuits in applications ranging from consumer electronics and automotive systems to industrial machinery and telecommunications equipment.

The company’s product portfolio includes standard and advanced wafer technologies, such as silicon-on-insulator (SOI) wafers, epitaxial (epi) wafers, and specialty substrates designed for next-generation device architectures.

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