ASE Technology Holding (3711 TT)_Buy_ Reiterating positive outlook in leading edge & testing
ASML·2025-02-16 15:28
13 February 2025 ASE Technology Holding (3711 TT) Buy: Reiterating positive outlook in leading edge & testing Better 4Q24 EMS sales offset by product mix: 4Q24 revenue of TWD162bn (+1% QoQ), beat HSBCe/cons est by 3%/2%. The ATM segment saw 3% QoQ revenue growth, mostly in line with expectation, driven by pull in of communication application. By revenue type, testing continued to see higher than average growth. ATM GM came at 23.3% (flattish QoQ), in line with expectation. EMS revenue was flattish QoQ, miss ...