ChipMOS TECHNOLOGIES INC. reports recurring revenue, financial-result and investor-communication updates for its outsourced semiconductor assembly and test business. The company provides end-to-end assembly and test services from facilities in Taiwan to fabless semiconductor companies, integrated device manufacturers and independent foundries serving global end markets.
Recurring news themes include unaudited monthly and quarterly revenue, annual and quarterly results prepared under Taiwan-IFRS, demand commentary for high-value memory solutions used in data center and AI applications, and capacity-related business trends. Updates also cover investor conference participation, conference-call scheduling and shareholder-meeting matters tied to its Taiwan listing and Nasdaq-traded depositary security.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its consolidated financial results for Q3 2022, showing significant declines due to global inflation, inventory adjustments, and macro weakness. Revenue dropped to US$165.3 million, down 23.3% from Q2 2022 and 26.6% year-over-year. Gross margin decreased to 15.5% from 25.4% in the previous year. Net earnings fell to US$0.58 per basic ADS, down from US$1.14 in Q2 2022. However, the company maintained a strong cash position with US$235.0 million in cash and equivalents.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will report its third quarter 2022 financial results on November 3, 2022, after the Taiwan Stock Exchange closes. A conference call will follow at 3:00 PM Taiwan time (3:00 AM New York time) where investors can listen in by dialing +886-2-21928016 with the password 588338. A live webcast will also be available on the company's website. A transcript will be provided in English post-call for better understanding of the financial results and operating environment.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its unaudited revenue for September 2022 and Q3 2022. The company’s Q3 revenue was NT$5,254 million (US$165.3 million), a decrease of 23.3% from Q2 2022 and 26.6% year-over-year. September revenue was NT$1,590.9 million (US$50.1 million), down 7.2% from August 2022 and 32.1% from September 2021. ChipMOS attributed the revenue decline to broader market conditions and inventory adjustments, indicating a challenging environment for the semiconductor industry.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its unaudited revenue for August 2022, totaling NT$1,715.1 million (US$56.5 million). This marks a 12.0% decrease from July 2022 and a significant 28.5% decline year-over-year from August 2021. The company cited inventory adjustments and reduced demand in the semiconductor industry as reasons for these declines. Despite the downturn, ChipMOS remains a leading provider of outsourced semiconductor assembly and test services.
ChipMOS TECHNOLOGIES INC. will virtually present at the 23rd Credit Suisse Asian Technology Conference on September 7-8, 2022. Management, including Jesse Huang, Senior VP of Strategy and Investor Relations, will discuss recent financial results, business trends, and market opportunities. The latest investor update is available on their website at www.chipmos.com. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, with advanced facilities in Taiwan serving global semiconductor clients.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported July 2022 revenue of NT$1,948 million (US$65.1 million), marking a 19.4% decrease year-over-year and a 7.7% decline month-over-month. This revenue drop is attributed to a shift in the macro demand environment impacting the DDIC business, although it was partially offset by continued strength in the memory products segment. The results indicate challenges in maintaining revenue levels due to market conditions.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its second-quarter financial results for 2022, showing a 1.9% revenue increase to NT$6,851.7 million (US$230.4 million) compared to the previous quarter. Net earnings rose 8.3% to NT$1.82 (US$0.06) per share. The gross margin improved by 40 basis points to 25.4%. Free cash flow stood at US$78.0 million, with cash equivalents totaling US$244.4 million. The company declared dividends of NT$4.3 per common share and US$2.876 per ADS.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced it will report its second quarter 2022 results and host a conference call on August 4, 2022, at 3:00 PM Taiwan time (3:00 AM New York time). Investors can dial in at +886-2-21928016 with the password 856969#. A webcast will also be available on the company's website. An English transcript will follow the Mandarin call to enhance understanding of the company’s financial results. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, known for its exceptional track record and facilities in Taiwan.
ChipMOS TECHNOLOGIES reported its financial results for June 2022 and the second quarter ended June 30, 2022. The company recorded NT$6,851.7 million (US$230.4 million) in revenue for Q2 2022, up 1.9% from Q1 2022, but down 1.9% year-over-year. June 2022 revenue was NT$2,110.8 million (US$71.0 million), reflecting an 11.9% monthly decline and a 10.6% decrease from June 2021. ChipMOS attributed the revenue drop to a shift in near-term macro demand despite ongoing long-term business catalysts.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced record revenue of NT$2,396.7 million (US$82.7 million) for May 2022, marking a 2.5% increase year-over-year and a 2.2% increase compared to April 2022. This growth was attributed to sustained demand in memory products and DDIC businesses. ChipMOS is noted for its role in outsourced semiconductor assembly and testing services, emphasizing its strong market position and operational excellence.