Chipmos Technolo Stock Price, News & Analysis

ChipMOS Technologies reported Q3 2024 financial results showing revenue of NT$6,068.0 million (US$191.7 million), marking a 4.4% increase from Q2 2024 and 8.7% growth from Q3 2023. The company maintained a healthy utilization rate of 67%. Net profit was NT$299.4 million (US$9.5 million), with earnings of NT$0.41 per basic common share. Q3 results were impacted by a foreign exchange loss of NT$73 million. The company maintains strong liquidity with cash and equivalents of NT$13,776.6 million (US$435.3 million).

ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry-leading outsourced semiconductor assembly and test services (OSAT) provider, has announced its schedule for the third quarter 2024 financial results conference call. The call will take place on Tuesday, November 5, 2024, after the close of trading on the Taiwan Stock Exchange.

The conference call details are as follows:

• Time: 4:00PM Taiwan (3:00AM New York)
• Dial-In: +886-2-3396 1191
• Password: 1625505 #

ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an outsourced semiconductor assembly and test services provider, reported its unaudited consolidated revenue for September 2024 and the third quarter ended September 30, 2024. The company's Q3 2024 revenue increased by 8.7% year-over-year to NT$6,068.0 million (US$191.7 million), also up 4.4% from Q2 2024. ChipMOS noted benefits from healthy supply and demand, particularly in its DDIC business.

However, September 2024 revenue decreased by 1.2% year-over-year to NT$1,888.9 million (US$59.7 million), and was down 10.7% from August 2024. The exchange rate used was NT$31.65 to US$1.00 as of September 30, 2024.

ChipMOS Technologies (IMOS), a leading outsourced semiconductor assembly and test services (OSAT) provider, has announced its participation in the UBS Taiwan Summit 2024. The event will take place on September 25, 2024, at the W Taipei Hotel. Jesse Huang, Senior Vice President of Strategy and Investor Relations, will represent ChipMOS and discuss the company's:

• Recent financial results
• Business trends
• Growth opportunities

Institutional investors attending the summit will have the opportunity to gain insights into ChipMOS's operations and future prospects. The company's investor presentation is available on the investor relations section of their website at www.chipmos.com.

ChipMOS Technologies Inc. (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an outsourced semiconductor assembly and test services provider, has announced its participation in Yuanta Securities' Q3 2024 Investment Forum. The event will take place on September 19, 2024, at the Regent Hotel Taipei. Jesse Huang, Senior Vice President of Strategy and Investor Relations, will represent ChipMOS and discuss the company's recent financial results, business trends, and growth opportunities. Investors can access the company's presentation on the investor relations section of ChipMOS' website at www.chipmos.com.

ChipMOS Technologies Inc. (IMOS) reported strong financial results for August 2024, with revenue reaching NT$2,115.8 million (US$66.2 million). This represents a 15.4% year-over-year increase and a 2.5% month-over-month growth. The company attributes its success to improved utilization rates and continued healthy demand for display driver ICs (DDIC). ChipMOS also noted generally lean and healthy broader inventory levels, contributing to its positive performance. As an industry-leading provider of outsourced semiconductor assembly and test services (OSAT), ChipMOS's strong financial results reflect a positive trend in the semiconductor industry.

ChipMOS Technologies Inc. (IMOS) reported strong Q2 2024 results with notable improvements across key metrics. Revenue increased 7.2% quarter-over-quarter to NT$5,809.6 million (US$179.0 million), while gross profit rose 5.8%. The overall utilization rate improved to 69% from 63% in Q1. Net earnings per basic common share grew to NT$0.62, up from NT$0.60 in Q1. The company maintains a robust financial position with NT$14,651.9 million (US$451.5 million) in cash and cash equivalents.

ChipMOS distributed a cash dividend of NT$1.8 per common share on July 19, 2024, and US$1.098 per ADS on July 26, 2024. The company's net free cash flow for H1 2024 was NT$1,433.4 million (US$44.2 million). These results demonstrate ChipMOS's continued growth and strong financial performance in the semiconductor assembly and test services sector.

ChipMOS Technologies Inc. (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry-leading outsourced semiconductor assembly and test services provider, reported strong financial results for July 2024. The company's unaudited consolidated revenue reached NT$2,063.4 million (US$63.1 million), marking a 7.6% increase from June 2024 and a 12.4% year-over-year growth compared to July 2023.

The impressive performance was primarily driven by continued healthy demand for display driver ICs (DDIC) and improvements in broader inventory levels. This growth trend indicates positive momentum in ChipMOS's core business segments and reflects the company's strong position in the semiconductor industry.

ChipMOS Technologies Inc. (IMOS), an industry-leading outsourced semiconductor assembly and test services provider, has announced a cash dividend distribution for its ADS holders. The company will distribute US$1.098 per ADS on July 26, 2024. After accounting for Taiwan withholding tax and Citibank, N.A.'s depositary fees, the net dividend will be approximately US$0.848 per ADS. ADS holders are advised to verify dividend receipt with their securities brokers. For any inquiries, Citibank, N.A.'s Tiffany Ma can be contacted at +1-973-461-5734 or tiffany.ma@citi.com.