Benzinga | Oct 30, 2020 07:14AM EDT

ASE Technology: Q3 Earnings Insights



Shares of ASE Technology Holding Co (NYSE:ASX) rose 0.6% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 22.22% year over year to $0.11, which beat the estimate of $0.09.

Revenue of $4,182,000,000 rose by 10.90% year over year, which beat the estimate of $4,030,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

ASE Technology Holding Co hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 30, 2020

Time: 02:00 AM

ET Webcast URL: https://webcasts.asia.eqs.com/register/ASE2020Q3/en

Technicals

52-week high: $5.70

Company's 52-week low was at $3.17

Price action over last quarter: down 8.52%

Company Description

ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.