ChipMOS REPORTS JANUARY 2025 REVENUE
Rhea-AI Summary
ChipMOS Technologies (IMOS) reported its unaudited consolidated revenue for January 2025. The company generated revenue of NT$1,745.3 million (US$53.1 million), showing a 2.0% decrease from December 2024 but a 2.2% increase from January 2024. The year-over-year improvement reflects normalizing inventory levels at customers. The exchange rate used was NT$32.85 to US$1.00 as of January 31, 2025.
Positive
- Year-over-year revenue growth of 2.2%
- Improving customer inventory levels indicating potential market normalization
Negative
- Month-over-month revenue decline of 2.0%
News Market Reaction 1 Alert
On the day this news was published, IMOS gained 2.48%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HSINCHU, Feb. 10, 2025 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of January 2025. All
Revenue for the month of January 2025 was
Consolidated Monthly Revenues (Unaudited) | |||||
January 2025 | December 2024 | January 2024 | MoM Change | YoY Change | |
Revenues (NT$ million) | 1,745.3 | 1,780.1 | 1,708.5 | -2.0 % | 2.2 % |
Revenues (US$ million) | 53.1 | 54.2 | 52.0 | -2.0 % | 2.2 % |
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in
Forward-Looking Statements:
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the
Contacts:
In Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 | In the David Pasquale Global IR Partners +1-914-337-8801 |
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SOURCE ChipMOS TECHNOLOGIES INC.