iST April 2016 Revenue Report

iST(TWSE:3289) today (May 10, 2016) announced its net revenues on a consolidated basis, the revenues for April 2016 were approximately NT$190 million. Year over year, the consolidated revenue increased 21.75%, and decreased 14.17% compared to last month (the revenues in March has set a new highest monthly record.)

iST said, despite of the declination from last month, the revenues in April increased sharply 21.75% YOY, which set a second highest level in the history.

iST indicated, the extending MA lab has completed the trial run for big customers, and proceeds with the official test now. Besides, the wireless signal test laboratory for IoT has begun to make gains in Q1 and better yet, due to the growth of cases in Q2, generating enough momentum for the future business.

In China market, iST’s testing capability has been affirmed by China Satellite Navigation Conference, which has officially invited iST to give a speech during the conference. iST will be sharing its reliability test know-how of assisting Changan Automobile and Unicore Communication in getting the AEC-Q100 certification.

About Integrated Service Technology

Founded in 1994, iST began its business from IC circuit debugging and modification and gradually expanded its scope of operations, including failure analysis, reliability verification, material analysis and so on. iST has offered full-scope verification and analysis services to the IC engineering industry, its customers cover the whole spectrum of the electronics industry from IC design to end products.

In response to rising Cloud Intelligence, Internet of Things (IoT) and Internet of Vehicles (IoV), iST not only focuses on its core services but is also expanding its service offerings based on international trends, such as Automotive electronic verification platforms and signal integrity testing services.
http://www.istgroup.com