ASE Technology Holding Reported Net Revenue Growth of 0.3% YoY to $1.43B
Portfolio Pulse from Benzinga Newsdesk
ASE Technology Holding reported a slight year-over-year net revenue growth of 0.3% to $1.43 billion, despite a sequential decrease of 1.3% from March to April 2024.
May 09, 2024 | 7:38 am
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ASE Technology Holding (ASX) reported a 0.3% YoY net revenue growth to $1.43 billion, with a sequential monthly decrease of 1.3%.
The modest year-over-year revenue growth indicates stability, but the sequential monthly decrease could signal short-term challenges. The impact on ASX's stock price is likely neutral in the short term as investors weigh the growth against the slight monthly downturn.
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