Advanced Semiconductor Engineering, Inc. (ASX) Announces Quarterly Earnings Results

Advanced Semiconductor Engineering, Inc. (NYSE:ASX) issued its earnings results on Friday, October 27th. The company reported C$0.12 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.12, Morningstar.com reports. The business had revenue of C$2.44 billion during the quarter. Advanced Semiconductor Engineering had a return on equity of 13.80% and a net margin of 8.74%.

Shares of Advanced Semiconductor Engineering (ASX) opened at C$6.15 on Monday. The company has a current ratio of 1.37, a quick ratio of 1.00 and a debt-to-equity ratio of 0.25. Advanced Semiconductor Engineering has a 1-year low of C$4.89 and a 1-year high of C$6.70. The stock has a market capitalization of $10,176.46, a price-to-earnings ratio of 13.37, a P/E/G ratio of 2.28 and a beta of 0.53.

Large investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA raised its holdings in shares of Advanced Semiconductor Engineering by 95.0% during the third quarter. BNP Paribas Arbitrage SA now owns 17,597 shares of the company’s stock worth $109,000 after acquiring an additional 8,574 shares in the last quarter. Empirical Finance LLC raised its holdings in Advanced Semiconductor Engineering by 24.4% during the second quarter. Empirical Finance LLC now owns 17,341 shares of the company’s stock valued at $110,000 after buying an additional 3,396 shares in the last quarter. FDx Advisors Inc. bought a new position in Advanced Semiconductor Engineering during the third quarter valued at about $110,000. Two Sigma Securities LLC bought a new position in Advanced Semiconductor Engineering during the first quarter valued at about $118,000. Finally, Stifel Financial Corp raised its holdings in Advanced Semiconductor Engineering by 71.9% during the second quarter. Stifel Financial Corp now owns 19,465 shares of the company’s stock valued at $123,000 after buying an additional 8,140 shares in the last quarter. Institutional investors and hedge funds own 5.87% of the company’s stock.

Separately, Zacks Investment Research cut Advanced Semiconductor Engineering from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st.

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About Advanced Semiconductor Engineering

Advanced Semiconductor Engineering, Inc is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services.

Earnings History for Advanced Semiconductor Engineering (NYSE:ASX)

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