Chipmos Technologies Ltd. (IMOS) Set to Announce Earnings on Thursday
Chipmos Technologies Ltd. (NASDAQ:IMOS) is set to post its quarterly earnings results before the market opens on Thursday, November 9th. Analysts expect Chipmos Technologies to post earnings of $0.36 per share for the quarter.
Chipmos Technologies (NASDAQ:IMOS) last announced its earnings results on Thursday, August 10th. The semiconductor company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The company had revenue of $149.50 million for the quarter, compared to analyst estimates of $155.61 million. Chipmos Technologies had a net margin of 19.20% and a return on equity of 9.74%. On average, analysts expect Chipmos Technologies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Chipmos Technologies Ltd. (NASDAQ:IMOS) opened at $19.82 on Wednesday. The company has a market capitalization of $885.07 and a price-to-earnings ratio of 18.99. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 0.48. Chipmos Technologies Ltd. has a fifty-two week low of $13.94 and a fifty-two week high of $21.99.
A number of equities research analysts have commented on the company. ValuEngine upgraded Chipmos Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Investment Research upgraded Chipmos Technologies from a “sell” rating to a “hold” rating in a report on Thursday, August 17th.
A hedge fund recently raised its stake in Chipmos Technologies stock. State Street Corp lifted its holdings in shares of Chipmos Technologies Ltd. (NASDAQ:IMOS) by 16.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,637 shares of the semiconductor company’s stock after purchasing an additional 5,128 shares during the quarter. State Street Corp’s holdings in Chipmos Technologies were worth $705,000 as of its most recent SEC filing. Institutional investors and hedge funds own 19.31% of the company’s stock.
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About Chipmos Technologies
ChipMOS TECHNOLOGIES INC is a Taiwan-based company principally engaged in the integrated circuits packaging and testing business. The Company mainly provides thin small outline packaging (TSOP), fine-pitch ball grid array (FBGA) packaging, tape carrier packaging (TCP) and chip on film (COF) packaging services, as well as gold bumping services, among others.
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