ChipMOS Reports Q2 Revenue Of $174.8M, Down 20.5% From Prior Year
Portfolio Pulse from Benzinga Newsdesk
ChipMOS reported Q2 2023 revenue of $174.8M, an increase of 18.2% from Q1 2023 but a decrease of 20.5% from Q2 2022. June 2023 revenue was $57.4M, down 2.5% from May 2023 and 15.3% from June 2022.
July 10, 2023 | 10:04 am
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ChipMOS's Q2 2023 revenue increased from Q1 but decreased YoY. June revenue also decreased both MoM and YoY.
The YoY decrease in revenue for both Q2 and June indicates a negative trend for ChipMOS, which could negatively impact the stock price in the short term.
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