On August 11, ASE Technology rose 3.22% in pre-market trading, trading at $38.80/share, with turnover of $223,800.
On the news front, the company recently reported July revenue of NT$73.78 billion (approximately $2.31 billion), representing a 43% year-over-year increase. The core ATM (Assembly, Testing, and Material) business delivered particularly strong results, with revenue surging 49.5% to NT$47.52 billion, sustaining its high-growth trajectory. The advanced packaging capacity gap continues to widen, with the company raising advanced packaging prices for the third time this year by up to 20%. ATM business gross margin reached 27.3%, improving 5.4 percentage points year-over-year, with management indicating Q4 gross margin could break through the 30% structural ceiling.
Additionally, the company's Q2 earnings released on July 30 significantly exceeded expectations, with EPS of $0.29 beating the consensus estimate of $0.17-$0.20 by over 70%, reinforcing the upward momentum in profitability.
(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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