Movement Alert｜ASE Technology Falls 3.28% Overnight, Earnings Beat Failed to Lift Shares

Market Focus10-30

On October 30, ASE Technology fell 3.28% Overnight, trading at $43.09 per share, with turnover of $1,637.0.

The move followed the company’s latest quarterly report, which came in above market expectations, but the stock remained under pressure in overnight trading.

For the third quarter, ASE Technology reported EPS of $0.36 versus the $0.34 consensus estimate, while revenue reached $7.640 billion, above the expected $7.390 billion. In New Taiwan dollar terms, quarterly net revenue was NT$244.161 billion, up 44.8% year over year, and net income attributable to shareholders rose to NT$26.996 billion, nearly 1.5 times higher than a year earlier, reflecting strong demand in semiconductor packaging, testing, and electronic manufacturing services.

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