The chart below shows how IMOS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IMOS sees a +0.30% change in stock price 10 days leading up to the earnings, and a -5.90% change 10 days following the report. On the earnings day itself, the stock moves by -0.28%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Revenue Increase: Q3 revenue increased 4.4% compared to Q2 2024, and was up 8.7% on a year-over-year basis.
Gross Profit Increase: Q3 gross profit increased 3.4% compared to Q2 2024, while gross margin remained flat over the same period.
Net Earnings Overview: Net Earnings of NT$ 0.41 in Q3 2024, and NT$ 1.63 for the first nine months of 2024.
Strong Operational Performance: EBITDA for Q3 was NT$ 1,640 million, indicating strong operational performance.
Memory Product Revenue Growth: Memory product revenue slightly increased 1.1% compared to Q2 2024, and increased 16.2% on a year-over-year basis.
Negative
Profit Decline Analysis: Profit attributable to the company in Q3 2024 decreased 33.6% compared to Q2 2024, primarily due to an increase in net non-operating expenses of NT$ 193 million.
Gross Margin Decline: Gross margin at 13.9% decreased 2.0 percentage points compared to Q3 2023, indicating a decline in profitability year-over-year.
Net Non-Operating Expenses Decline: Net non-operating expenses in Q3 2024 were NT$ 65 million compared to net non-operating income of NT$ 231 million in Q3 2023, reflecting a significant adverse foreign exchange impact.
Operating Profit Margin Decline: Operating profit margin at 6.9% decreased 1.8 percentage points compared to Q3 2023, highlighting a reduction in operational efficiency.
Negative Cash Flow Trend: Net free cash outflow for the first nine months of 2024 was NT$ 401 million compared to net free cash inflow of NT$ 1,089 million for the same period in 2023, indicating a negative cash flow trend.
ChipMOS TECHNOLOGIES INC. (IMOS) Q3 2024 Earnings Call Transcript
IMOS.O
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