ChipMOS TECHNOLOGIES Q2 EPADS $0.38 Down From $0.53 YoY, Sales $179.00M Up From $174.80M YoY
Portfolio Pulse from Benzinga Newsdesk
ChipMOS TECHNOLOGIES reported Q2 earnings per ADS of $0.38, down from $0.53 year-over-year, while sales increased to $179.00 million from $174.80 million year-over-year.
August 13, 2024 | 7:01 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ChipMOS TECHNOLOGIES reported a decrease in Q2 earnings per ADS to $0.38 from $0.53 year-over-year, despite a slight increase in sales to $179.00 million from $174.80 million.
The decrease in earnings per ADS is likely to have a negative short-term impact on the stock price, despite the slight increase in sales. Investors may focus on the decline in profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100