ASE Tech Holding Co Q2 2024 GAAP EPADS $0.11, Inline, Sales $4.351B Beat $4.506B Estimate
Portfolio Pulse from Benzinga Newsdesk
ASE Technology Holding Co. reported its Q2 2024 financial results with GAAP EPADS of $0.11, which was in line with expectations. However, the company reported sales of $4.351 billion, missing the estimated $4.506 billion.
July 25, 2024 | 6:51 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ASE Technology Holding Co. reported Q2 2024 GAAP EPADS of $0.11, meeting expectations, but sales of $4.351 billion fell short of the $4.506 billion estimate.
While ASE Technology Holding Co. met earnings expectations, the miss on sales could indicate potential challenges in revenue generation, which may negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100