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ChipMOS sees Y/Y drop in Q2 and June revenue

  • ChipMOS Technologies (NASDAQ:IMOS) reported Q2 revenue of NT$6,851.7M ($230.4M), marking a 1.9% increase from Q1 and a Y/Y drop of 1.9%.
  • For June, revenue stood at NT$2,110.8M ($71M) marking a drop of 11.9% from May 2022 and 10.6% Y/Y decline.
  • The company says that while its long-term business catalysts remain firmly in place, the decline in its monthly and year-over-year revenue reflects a change in the near-term macro demand environment.

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Comments (1)

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DividendInvestorLA profile picture
Interesting how all that "news" was already reflected in the stock price. How many people knew all this and acted before it was issued?
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