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ChipMOS Q1 Revenue Increased 17.7% YoY To NT$5.418B Or $169.7M; March Revenue Up 5.2% YoY To NT$1.933B Or $60.5M

Benzinga ·  Apr 10 06:17

Revenue for the first quarter of 2024 was NT$5,418.7 million or US$169.7 million, representing a decrease of 5.4% from the fourth quarter of 2023, and an increase of 17.7% from the first quarter of 2023. The Company noted that it is benefitting from further inventory stabilization and demand recovery in its memory products.

Revenue for the month of March 2024 was NT$1,933.2 million or US$60.5 million, representing an increase of 8.8% from February 2024, and an increase of 5.2% from March 2023.

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