ASE Technology Holding Reported November 2023 Net Revenue of $1.69B, down by 10.4% YoY, ATM Net Revenue of $852M, down by 16.9% YoY
Portfolio Pulse from Benzinga Newsdesk
ASE Technology Holding has reported a decrease in net revenue for November 2023, with a total of $1.69 billion, marking a 10.4% decline year-over-year. The ATM segment specifically saw net revenue of $852 million, which is a 16.9% decrease compared to the previous year.

December 11, 2023 | 7:22 am
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ASE Technology Holding, trading as ASX, reported a significant year-over-year decline in net revenue for November 2023, which could negatively impact investor sentiment and the stock price in the short term.
The reported decline in net revenue for ASE Technology Holding is a critical financial metric that investors use to gauge a company's performance. A double-digit percentage decrease is likely to be viewed negatively by the market, potentially leading to a decrease in the stock price in the short term. The ATM segment's even larger decline could further concern investors about this specific business area's performance.
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IMPORTANCE 85
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