ChipMOS Q2 Revenue Hits Record Since 2014, Swings to Profit on AI Demand
IMOS has more than doubled off its 52-week low of $15.06.
Summary
ChipMOS delivered a standout Q2, with revenue surging 28.7% YoY to NT$7.38 billion — the highest quarterly top line since 2014. Gross margin nearly tripled from a year ago to 18%, driving a swing from a net loss of NT$0.75 per share to a profit of NT$1.28. The results confirm the AI-driven OSAT demand signaled in recent monthly revenue releases, with July already showing further acceleration. The balance sheet remains strong with NT$12.55 billion in cash, and a capital surplus dividend was paid in July. The semiannual call later today may provide color on sustainability of these margins and the demand pipeline.
At the time of this announcement, IMOS was trading at $53.05 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $15.06 to $78.35. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.