Stock Analysis

ChipMOS TECHNOLOGIES Third Quarter 2024 Earnings: Misses Expectations

TWSE:8150
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ChipMOS TECHNOLOGIES (TWSE:8150) Third Quarter 2024 Results

Key Financial Results

  • Revenue: NT$6.07b (up 8.7% from 3Q 2023).
  • Net income: NT$299.4m (down 48% from 3Q 2023).
  • Profit margin: 4.9% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: NT$0.41 (down from NT$0.80 in 3Q 2023).
earnings-and-revenue-growth
TWSE:8150 Earnings and Revenue Growth November 6th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

ChipMOS TECHNOLOGIES Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) also missed analyst estimates by 46%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are down 2.8% from a week ago.

Risk Analysis

Be aware that ChipMOS TECHNOLOGIES is showing 1 warning sign in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About TWSE:8150

ChipMOS TECHNOLOGIES

Engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally.

Undervalued with excellent balance sheet and pays a dividend.