Edited Transcript of 8150.TW earnings conference call or presentation 6-Nov-19 12:00pm GMT [Yahoo! Finance News]
ChipMOS TECHNOLOGIES INC. - American Depositary Shares (IMOS)
Last chipmos technologies inc. - american depositary shares earnings: 11/9 01:00 am
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Edited Transcript of 8150.TW earnings conference call or presentation 6-Nov-19 12:00pm GMT Shih-Jye Cheng, ChipMOS TECHNOLOGIES INC. - Chairman, CEO & President [3] -------------------------------------------------------------------------------- Thank you, David. Welcome, everyone, to our third quarter 2019 conference call. Hopefully, you all had time to review our earnings release. We are very pleased with the revenue and profit growth in our business. Our business strategy of balanced customer and end market is driving our gross margin revamp, and steady operating cash flow. The key takeaway for Q3 are: first, Q3 was the highest revenue level for us since Q1 2015. We achieved 10.1% revenue growth in Q3 compared to the Q2. Secondly, we achieved a major improvement in gross margin to 21.4% in Q3 from 17.1% in Q2, led by higher HD product. TDDI increased utilization, our highest revenue level and cost control. So we achieved a 45% increase in net earning in Q3 to $0.52 per basic ADS in
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