Investing.com - ASE Industrial ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ASE Industrial ADR announced earnings per share of 0.2412 on revenue of 5.36B. Analysts polled by Investing.com anticipated EPS of 0.2047 on revenue of 5.13B.
ASE Industrial ADR shares are down 25.35% from the beginning of the year, still down 39.40% from its 52 week high of 9.62 set on August 5, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
ASE Industrial ADR shares lost 0.35% in intra-day trade following the report.
ASE Industrial ADR follows other major Information Technology sector earnings this month
ASE Industrial ADR's report follows an earnings missed by Microsoft on Tuesday, who reported EPS of 2.23 on revenue of 51.87B, compared to forecasts EPS of 2.29 on revenue of 52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of 1.98 on revenue of 7.28B, compared to forecast for EPS of 1.74 on revenue of 7.06B.
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