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Semiconductor generated net income of $30.44 million in current quarter which is noticeably less than last quarter's ending net income of $96.04 million. Moreover, net income has decreased that resulted in lower EPS for the current quarter as compared to last quarter's ending.
The company's cash flow from operation has increased up to $445.98 million. It was $320.81 million in last ending quarter. Higher CFO shows that company is generating more cash than its expenses... read more: http://www.tradingnewsbulletin.com/2011/04/semiconductor-manufacturing-intl-adr-nysesmi-strong-financials-explained/
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