On August 12, ASE Technology rose 3.16% in pre-market trading, trading at $39.85/share, with turnover of $1.056 million. The rally was driven by the company's disclosure of July revenue reaching NT$73.78 billion, representing a 43% year-over-year increase.
Specifically, the Assembly, Testing and Material (ATM) business posted revenue of NT$47.52 billion, surging 49.5% year-over-year and sustaining robust growth momentum. The company also raised advanced packaging prices for the third time this year, with maximum increases exceeding 20%, reflecting persistent capacity shortfalls in the segment. Additionally, Q2 earnings significantly exceeded expectations, with actual EPS of $0.29 beating the consensus estimate of $0.17 by approximately 70.6%. ATM gross margin reached 27.3%, improving 5.4 percentage points year-over-year, with management indicating Q4 margins could surpass the 30% structural ceiling, confirming 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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