ASE Technology Reported September Net Revenue Growth Of 3.4% YoY And Q3 Growth Of 1.2% YoY
Portfolio Pulse from Benzinga Newsdesk
ASE Technology reported a 3.4% year-over-year increase in net revenue for September and a 1.2% increase for Q3. The company showed sequential growth in both NT$ and US$ terms.
October 09, 2024 | 7:23 am
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ASE Technology's net revenue increased by 3.4% YoY in September and 1.2% YoY in Q3, indicating positive growth. The company also showed strong sequential growth, which may positively impact investor sentiment.
The reported year-over-year and sequential growth in net revenues for ASE Technology suggests a positive business performance. This growth is likely to enhance investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100