ChipMOS Reports January 2024 Consolidated Revenue Increase Of 28.4% Y/Y
Portfolio Pulse from Benzinga Newsdesk
ChipMOS reported a 28.4% year-over-year increase in consolidated revenue for January 2024, despite a 9.2% decrease from December 2023. The revenue for January 2024 was NT$1,708.5 million or US$54.6 million.
February 07, 2024 | 11:37 am
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ChipMOS reported a significant year-over-year revenue increase of 28.4% for January 2024, with revenues reaching US$54.6 million.
The reported 28.4% year-over-year revenue increase for January 2024 is a strong indicator of growth and positive momentum for ChipMOS. Despite a month-over-month decrease, the significant annual growth is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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