ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) declares unaudited consolidated revenue for the month of August 2019

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) spotted trading 1.35% off 52-week high price. On the other end, the stock has been noted 64.56% away from the low price over the last 52-weeks. The stock changed 2.13% to recent value of $21.08. The stock transacted 48843 shares during most recent day however it has an average volume of 23.66K shares. The company has 36.51M of outstanding shares and 27.41M shares were floated in the market.  

 On Sept. 06, 2019, ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 andNASDAQ:IMOS) an industry leading provider of outsourced semiconductor assembly and test services (OSAT), declared unaudited consolidated revenue for the month of August 2019. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.32 to US$1.00 as of August 30, 2019.

Revenue for the month of August 2019 was NT$1,912.2 million or US$61.1 million, an increase of 10.1% from the month of July 2019 and an increase of 10.3% from the same period in 2018. This represents the highest revenue level since December 2014. The Company noted that it is benefiting from continued growth led by the addition of new NAND flash business, diversification of gold bumping for DDIC to wafer bumping of non-DDIC products, and a further rebound in TDDI demand entering typically stronger second half of the year.

 Its earnings per share (EPS) expected to touch remained -7.90% for this year while earning per share for the next 5-years is expected to reach at 10.00%. IMOS has a gross margin of 18.70% and an operating margin of 11.40% while its profit margin remained 12.50% for the last 12 months. 

 According to the most recent quarter its current ratio was 2.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 9.44% from the mean of 20 days, 18.41% from mean of 50 days SMA and performed 25.02% from mean of 200 days price. Company’s performance for the week was 7.77%, 19.23% for month and YTD performance remained 25.18%.

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