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.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90