ChipMOS Clocks 2% Revenue Decline In Q2

ChipMOS TECHNOLOGIES INC IMOS reported a second-quarter FY22 revenue decrease of 1.9% year-on-year to $230.4 million. On a sequential basis, revenue rose 1.9%.
The gross margin contracted 280 bps to 25.4% amid global inflation and supply chain constraints.
Net non-operating income was $10.4 million versus $0.6 million a year ago.
Earnings per basic ADS were $1.22 versus $1.19 last year.
It held $244.4 million in cash and equivalents.
ChipMOS distributed a dividend of $2.876 Per ADS.
Price Action: IMOS shares closed higher by 0.88% at $23 on Wednesday.

Momentum27.94

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Quality95.44

Value97.96

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