Benzinga | Jul 29, 2021 07:24AM EDT

Recap: ASE Technology Q2 Earnings



Shares of ASE Technology Holding Co (NYSE:ASX) fell 0.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 27.27% over the past year to $0.08, which missed the estimate of $0.14.

Revenue of $4,544,000,000 rose by 26.50% year over year, which beat the estimate of $4,480,000,000.

Outlook

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

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

Conference Call Details

Date: Jul 29, 2021

Time: 03:00 AM

ET Webcast URL: https://ase-ir.webex.com/mw3300/mywebex/default.do?nomenu=true&siteurl=ase-ir&service=6&rnd=0.24565753664098278&main_url=https%3A%2F%2Fase-ir.webex.com%2Fec3300%2Feventcenter%2Fevent%2FeventAction.do%3FtheAction%3Ddetail%26%26%26EMK%3D4832534b00000005d7b57c9877e766f4c89ef6ba4167810300b1918139957011d129d9c088082788%26siteurl%3Dase-ir%26confViewID%3D199258790624759988%26encryptTicket%3DSDJTSwAAAAXyPLcSobNwxpN1thdB-WP7MzjE6VgHN9ncvwsVo60bDw2%26

Technicals

Company's 52-week high was at $9.00

52-week low: $3.88

Price action over last quarter: down 4.31%

Company Overview

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.