ASE Technology Clocks 16% Revenue Growth In Q3 - ASE Technology Holding Co (NYSE:ASX)

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  • ASE Technology Holding Co, Ltd ASX reported its unaudited consolidated net revenues for September and the third quarter of 2022.
  • ASE reported 12.2% year-on-year net revenue growth to $2.2 billion in September.
  • Also Read: ASE Tech Beats On Q2 Earnings, Margin Expands
  • The net revenue grew by 15.5% Y/Y to $6.3 billion during the third quarter of 2022.
  • Net revenues for ATM assembly, testing, and material business declined 3.1% Y/Y to $1.1 billion in September.
  • Net revenues for ATM assembly, testing, and material business grew 1.3% Y/Y to $3.3 billion in Q3.
  • Price Action: ASX shares closed lower by 2.5% at $5.07 on Monday.

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Image and article originally from www.benzinga.com. Read the original article here.