On August 10, ASE Technology rose 5% in regular trading, trading at $39.04/share, with turnover of $15.80 million.
On the news front, the company reported July revenue of NT$73.78 billion (approximately $2.31 billion), up 43% year-over-year. The core ATM (Assembly, Testing, and Material) business posted revenue of NT$47.52 billion, surging 49.5% YoY, extending its high-growth trajectory.
The strong monthly data follows an already impressive Q2 earnings report released on July 30, in which actual EPS of $0.29 beat the analyst consensus estimate of $0.17 by over 70%. Quarterly revenue of NT$191.06 billion also exceeded expectations of NT$188.94 billion. On the fundamental side, the advanced packaging capacity gap continues to widen, with the company implementing its third price hike this year at a maximum increase exceeding 20%. ATM business gross margin reached 27.3%, up 5.4 percentage points YoY, and management indicated Q4 gross margin could break through the 30% structural ceiling, signaling a clear trajectory of profitability improvement.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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