ChipMOS REPORTS 23.6% INCREASE IN FEBRUARY 2024 REVENUE YEAR OVER YEAR [Yahoo! Finance]
ChipMOS TECHNOLOGIES INC. - American Depositary Shares (IMOS)
Last chipmos technologies inc. - american depositary shares earnings: 11/9 01:00 am
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Source: Yahoo! Finance
industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of February 2024 increased 23.6% on a year over year basis. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.62 to US$1.00 as of February 29, 2024 Revenue for the month of February 2024 was NT$1,777.1 million or US$56.2 million , representing an increase of 4.0% from January 2024 , and an increase of 23.6% from February 2023 . The Company noted that it is continuing to benefit from further improvements in the memory segment across the broader industry, with improved inventory stabilization and demand recovery, which more than offset fewer working days compared to January due to annual Lunar New Year holiday closures, and the ongoing impact of inventory rebalancing at customers across most end markets. Consolidated Monthly Revenues (Unaudited) February January 2024 February 2023
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