ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Issues Earnings Results, Hits Estimates

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) issued its earnings results on Thursday. The semiconductor company reported $0.38 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.38, Briefing.com reports. ChipMOS TECHNOLOGIES had a net margin of 8.85% and a return on equity of 7.62%. The firm had revenue of $169.70 million during the quarter, compared to analyst estimates of $163.30 million. During the same quarter in the prior year, the business earned $0.28 earnings per share. ChipMOS TECHNOLOGIES’s revenue for the quarter was up 17.7% on a year-over-year basis.

ChipMOS TECHNOLOGIES Stock Performance

Shares of NASDAQ:IMOS traded down $3.03 during trading on Friday, hitting $25.00. 43,743 shares of the stock traded hands, compared to its average volume of 21,344. The company has a fifty day moving average price of $29.66 and a two-hundred day moving average price of $27.59. The company has a market cap of $909.05 million, a price-to-earnings ratio of 15.61 and a beta of 0.95. ChipMOS TECHNOLOGIES has a 52-week low of $21.58 and a 52-week high of $32.19. The company has a quick ratio of 3.04, a current ratio of 3.38 and a debt-to-equity ratio of 0.54.

Analyst Ratings Changes

Separately, StockNews.com raised shares of ChipMOS TECHNOLOGIES from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, April 30th.

ChipMOS TECHNOLOGIES Company Profile

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.