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ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*

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ASE Technology Holding (NYSE: ASX) reported its unaudited consolidated net revenues for October 2024. The company's consolidated net revenues reached NT$56,426 million (US$1,766 million), showing a 1.5% increase month-over-month and a 0.5% increase year-over-year. The ATM assembly, testing and material business segment recorded net revenues of NT$29,320 million (US$918 million), representing a 0.5% increase sequentially and a 3.5% growth compared to October 2023.

ASE Technology Holding (NYSE: ASX) ha riportato i suoi ricavi netti consolidati non verificati per ottobre 2024. I ricavi netti consolidati dell'azienda hanno raggiunto NT$56.426 milioni (US$1.766 milioni), mostrando un aumento dell'1,5% rispetto al mese precedente e un aumento dello 0,5% rispetto all'anno precedente. Il segmento di assemblaggio, collaudo e materiali ATM ha registrato ricavi netti di NT$29.320 milioni (US$918 milioni), rappresentando un aumento dello 0,5% rispetto al trimestre precedente e una rispetto a ottobre 2023.

ASE Technology Holding (NYSE: ASX) informó sus ingresos netos consolidados no auditados para octubre de 2024. Los ingresos netos consolidados de la empresa alcanzaron NT$56,426 millones (US$1,766 millones), mostrando un incremento del 1.5% mes a mes y un incremento del 0.5% interanual. El segmento de ensamblaje, prueba y material de ATM registró ingresos netos de NT$29,320 millones (US$918 millones), lo que representa un incremento del 0.5% secuencialmente y un crecimiento del 3.5% en comparación con octubre de 2023.

ASE Technology Holding (NYSE: ASX)는 2024년 10월의 감사되지 않은 연결 순매출을 보고했습니다. 회사의 연결 순매출은 NT$56,426백만(미화 17억 6,600만 달러)에 달하며, 이는 전월 대비 1.5% 증가와 전년 대비 0.5% 증가를 나타냅니다. ATM 조립, 테스트 및 자재 사업 부문은 NT$29,320백만(미화 9억 1,800만 달러)의 순매출을 기록하며, 이는 전분기 대비 0.5% 증가와 2023년 10월 대비 3.5% 성장을 의미합니다.

ASE Technology Holding (NYSE: ASX) a rapporté ses revenus nets consolidés non vérifiés pour octobre 2024. Les revenus nets consolidés de la société ont atteint NT$56,426 millions (1,766 millions de dollars US), enregistrant un augmentation de 1,5% par rapport au mois dernier et une augmentation de 0,5% par rapport à l'année précédente. Le segment d'assemblage, de test et de matériel des DAB a enregistré des revenus nets de NT$29,320 millions (918 millions de dollars US), représentant une augmentation de 0,5% par rapport au trimestre précédent et une croissance de 3,5% par rapport à octobre 2023.

ASE Technology Holding (NYSE: ASX) hat die nicht geprüften konsolidierten Nettoumsätze für Oktober 2024 gemeldet. Die konsolidierten Nettoumsätze des Unternehmens erreichten NT$56.426 Millionen (US$1.766 Millionen), was einem 1,5% Anstieg im Vergleich zum Vormonat und einem 0,5% Anstieg im Vergleich zum Vorjahr entspricht. Der Geschäftsbereich für das Zusammenbauen, Testen und Material von Geldautomaten verzeichnete Nettoumsätze von NT$29.320 Millionen (US$918 Millionen), was 0,5% sequenziell und ein Wachstum von 3,5% im Vergleich zu Oktober 2023 bedeutet.

Positive
  • Monthly revenue increased 1.5% sequentially to NT$56,426 million
  • ATM segment showed 3.5% YoY growth
  • Both consolidated and ATM segments showed positive sequential and YoY growth
Negative
  • Modest YoY consolidated revenue growth of only 0.5% suggests slow growth

Insights

The October revenue report shows modest growth for ASE Technology, with overall revenues increasing 1.5% sequentially and 0.5% year-over-year to NT$56.4 billion. The core ATM (Assembly, Testing and Material) segment demonstrated stronger performance with 3.5% YoY growth to NT$29.3 billion.

The steady growth in ATM services, particularly the 4.2% YoY increase in USD terms, indicates resilient demand for semiconductor packaging and testing services. This suggests stable business fundamentals despite broader semiconductor industry cyclicality. While the growth rates are modest, they reflect continued operational stability and market share retention in the competitive semiconductor assembly and test market.

TAIPEI, Nov. 11, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for October 2024.

CONSOLIDATED NET REVENUES (UNAUDITED)


Oct


Sept


Oct


Sequential


YoY

(NT$ Million)


2024


2024


2023


Change


Change

Net Revenues


56,426


55,579


56,167


+1.5 %


+0.5 %














Oct


Sept


Oct


Sequential


YoY

(US$ Million)


2024


2024


2023


Change


Change

Net Revenues


1,766


1,739


1,746


+1.6 %


+1.2 %

Net revenues for ATM assembly, testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)


Oct


Sept


Oct


Sequential


YoY

(NT$ Million)


2024


2024


2023


Change


Change

Net Revenues


29,320


29,172


28,340


+0.5 %


+3.5 %














Oct


Sept


Oct


Sequential


YoY

(US$ Million)


2024


2024


2023


Change


Change

Net Revenues


918


913


881


+0.6 %


+4.2 %

*This press release is intended to comply with Taiwan regulatory requirements.

Safe Harbor Notice:

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2023 Annual Report on Form 20-F filed on April 3, 2024.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com



Cision View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-302300760.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

What was ASE Technology's (ASX) revenue for October 2024?

ASE Technology reported consolidated net revenues of NT$56,426 million (US$1,766 million) for October 2024.

How did ASE Technology's (ASX) ATM segment perform in October 2024?

ASE Technology's ATM segment recorded net revenues of NT$29,320 million (US$918 million), showing a 0.5% sequential increase and 3.5% year-over-year growth.

What was ASE Technology's (ASX) year-over-year revenue growth in October 2024?

ASE Technology's consolidated net revenues showed a 0.5% year-over-year increase in October 2024 compared to October 2023.

ASE Technology Holding Co., Ltd.

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