Chipmos Technolo Stock Price, News & Analysis

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its unaudited consolidated revenue for December 2022 and Q4 2022. Q4 revenue was NT$4,686.2 million (US$152.5 million), down 10.8% QoQ and 31.0% YoY. December revenue totaled NT$1,553.8 million (US$50.6 million), a 0.3% decrease MoM and a 31.4% decline YoY. The company attributed these declines to market conditions and inventory adjustments by customers. To offset the impact, ChipMOS implemented cost control measures, including reduced capital expenditures and increased automation.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present virtually at the Credit Suisse 2023 Greater China Technology and Internet Conference from January 4 to January 6, 2023. Senior VP Jesse Huang will discuss the Company’s recent financial results and market opportunities. The investor update can be accessed on their website. ChipMOS provides outsourced semiconductor assembly and test services, with facilities in Taiwan, serving multiple end markets globally. More information on their forward-looking statements and risks can be found in their SEC filings.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a November 2022 revenue of NT$1,558.3 million (US$50.4 million), down 1.0% from October 2022 and 30.3% year-over-year. The declines reflect broader macroeconomic conditions, including inventory adjustments by customers due to fluctuating end-market demand. In response, ChipMOS has implemented strategies to offset impacts through reduced capital expenditures, efficiency initiatives, and operating expense cuts.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported unaudited consolidated revenue of NT$1,574.0 million (US$48.8 million) for October 2022, marking a 1.1% decrease from September and a significant 31.2% decline year-over-year from October 2021. The company acknowledged ongoing industry challenges, including broader end market conditions and inventory adjustments affecting demand levels. Despite these challenges, ChipMOS maintains a robust balance sheet and long-term business catalysts.

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.