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ChipMOS Technologies February Revenues Down 31.5% Year-over-year
(RTTNews) - Semiconductor company ChipMOS Technologies Inc. (IMOS) reported Friday that revenue for the month of February declined 31.5 percent to NT$1.44 billion or $46.8 million from NT$2.10 billion or $68.3 million in the prior-year quarter. It also increased 8.1 percent sequentially from January.
The company said this represents the first month over month revenue increase since June 2022 as it continues to navigate macroeconomic weakness and work with customers on inventory adjustments.
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ChipMOS Technologies Q4 Revenues Down 31.0% Year-over-year
Semiconductor company ChipMOS Technologies Inc. (IMOS) reported Tuesday that revenue for the fourth quarter declined 31.0 percent to NT$4.69 billion or $152.5 million from NT$6.79 billion or $221.0 million in the prior-year quarter. It also decreased 10.8 percent sequentially from the third quarter.
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884 gün önce
Bay Street Likely To Open On Negative Note
Canadian shares are likely to open with a negative bias on Thursday as trade concerns, and Middle East tensions may weigh on sentiment.
A lack of specifics in the framework agreed to by U.S. and Chinese officials on Tuesday has raised uncertainty about the two nations reaching an agreement anytime soon.
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8 dakika önce
U.S. Producer Prices Inch Up Less Than Expected In May
After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May.
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35 dakika önce
U.S. Weekly Jobless Claims Unchanged At 248,000
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended June 7th.
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41 dakika önce
Boeing Shares Hit After 787-8 Dreamliner With 242 Onboard Crashes In India
Boeing Co. shares are currently down around 8 percent in the pre-market activity on the NYSE after an Air India aircraft headed to London with 242 people onboard crashed immediately after take-off in the Indian city of Ahmedabad. The plane, a Boeing 787-8 Dreamliner headed to Gatwick Airport in the UK, crashed in a civilian area near the Sardar Vallabhbhai Patel International Airport.
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54 dakika önce
FTSE 100 Recovers After Weak Start, Up Marginally
After opening on a negative note amid trade tensions and data showing a contraction in the nation's GDP growth in April, U.K. stocks recovered some lost ground on Thursday.
Still, amid uncertainty about China and the U.S. agreeing on a concrete trade deal anytime soon, and lingering concerns about the European Union finalizing a trade deal before the July 8 deadline, the mood in the market remain
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1s 4 dakika önce
GameStop Shares Plunge After Plan To Raise $1.75 Bln
Shares of GameStop Corp. plunged around 11 percent in the extended trading on Wednesday and are currently trading 13 percent lower in the pre-market activity on the NYSE, after the company announced plan to raise $1.75 billion again in private offering, probably for Bitcoin purchase. GameStop's shares had declined sharply in March after the firm announced a $1.3 billion private offering.
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2s 5 dakika önce
CAC 40 Down 0.7% As Tariff Concerns Weigh
French stocks are down in negative territory on Thursday as renewed concerns about tariffs and Middle East tensions weigh on sentiment.
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2s 14 dakika önce
