ChipMOS Technologies (NASDAQ:IMOS) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.05, RTT News reports. ChipMOS Technologies had a net margin of 2.71% and a return on equity of 2.91%. The company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.02 billion. During the same period in the prior year, the company posted $0.25 EPS. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis.
ChipMOS Technologies stock traded down $0.16 during midday trading on Friday, reaching $16.62. The stock had a trading volume of 6,223 shares, compared to its average volume of 20,156. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.48 and a quick ratio of 2.06. ChipMOS Technologies has a 52-week low of $12.26 and a 52-week high of $19.20. The firm has a market capitalization of $603.77 million, a P/E ratio of 14.84 and a beta of 0.74.
A number of institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in ChipMOS Technologies by 4.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 119,594 shares of the semiconductor company’s stock worth $1,896,000 after purchasing an additional 4,723 shares during the period. Aperio Group LLC purchased a new stake in ChipMOS Technologies in the 2nd quarter worth about $161,000. Foundry Partners LLC raised its position in ChipMOS Technologies by 9.7% in the 2nd quarter. Foundry Partners LLC now owns 188,930 shares of the semiconductor company’s stock worth $2,859,000 after purchasing an additional 16,629 shares during the period. Finally, Wells Fargo & Company MN raised its position in ChipMOS Technologies by 34,065.9% in the 1st quarter. Wells Fargo & Company MN now owns 103,181 shares of the semiconductor company’s stock worth $1,636,000 after purchasing an additional 102,879 shares during the period. 7.19% of the stock is currently owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: “ChipMOS Technologies (IMOS) Issues Earnings Results, Beats Expectations By $0.05 EPS” was published by BBNS and is owned by of BBNS. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://baseballnewssource.com/2018/11/10/chipmos-technologies-imos-issues-earnings-results-beats-expectations-by-0-05-eps/2973609.html.
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. It provides a range of back-end assembly and test services, including engineering test, wafer probing and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, reel to reel assembly, and test services for LCD and other flat-panel display driver semiconductors.
See Also: What is Cost of Debt?
Receive News & Ratings for ChipMOS Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ChipMOS Technologies and related companies with MarketBeat.com's FREE daily email newsletter.