SK Hynix Inc. said its first-quarter normalized net income was 1,365.56 South Korean won per share, compared with the S&P Capital IQ consensus estimate of 1,569.95 won per share.
EPS climbed 57.1% year over year from 869.32 won.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 994.13 billion won, a gain of 60.0% from 621.36 billion won in the year-earlier period.
The normalized profit margin rose to 20.6% from 16.6% in the year-earlier period.
Total revenue grew 28.7% year over year to 4.818 trillion won from 3.743 trillion won, and total operating expenses climbed 20.3% year over year to 3.230 trillion won from 2.685 trillion won.
Reported net income grew 61.5% from the prior-year period to 1.296 trillion won, or 1,779.84 won per share, from 802.54 billion won, or 1,122.79 won per share.
As of May 15, US$1 was equivalent to 1,083.65 South Korean won.
