ChipMOS TECHNOLOGIES Reports Q3 Revenues Of $173.1M, Up 6.2% YoY Owing To Healthier Channel Inventory Levels; Revenues In September Gains 20.2% YoY To $59.3M
Portfolio Pulse from Benzinga Newsdesk
ChipMOS TECHNOLOGIES has reported Q3 revenues of $173.1M, a 6.2% increase YoY, due to healthier channel inventory levels. The company's revenues in September also saw a 20.2% YoY increase to $59.3M.
October 06, 2023 | 10:11 am
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ChipMOS TECHNOLOGIES, listed as IMOS, reported a 6.2% YoY increase in Q3 revenues to $173.1M and a 20.2% YoY increase in September revenues to $59.3M.
The reported increase in revenues for both Q3 and September indicates a positive financial performance for ChipMOS TECHNOLOGIES. This could potentially lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100