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ChipMOS TECHNOLOGIES Reported July 2024 Revenue Growth Of 12.4% YoY

Benzinga·08/09/2024 10:06:16
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ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (NASDAQ:IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of July 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.69 to US$1.00 as of July 31, 2024.

Revenue for the month of July 2024 was NT$2,063.4 million or US$63.1 million, representing an increase of 7.6% from June 2024, and an increase of 12.4% from July 2023. The Company noted growth was led by the continued healthy DDIC demand, and further improvements and stabilization in broader inventory levels.

Consolidated Monthly Revenues (Unaudited)


 

July 2024

 June 2024

July 2023

MoM Change

YoY Change

Revenues

   (NT$ million)

2,063.4

1,917.7

1,836.2

7.6 %

12.4 %

Revenues

   (US$ million)

63.1

58.7

56.2

7.6 %

12.4 %