ASE Technology (NYSE:ASX) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Market Beat
2026.04.29 17:37
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ASE Technology (NYSE:ASX) reported quarterly earnings of $0.19 EPS, surpassing expectations of $0.17 by $0.02. The company achieved revenue of $5.43 billion, exceeding the forecast of $5.28 billion. ASE's return on equity was 12.06% with a net margin of 6.31%. Management raised revenue guidance for LEAP services by ~10% to over $3.5 billion and provided a strong Q2 outlook, expecting consolidated revenue growth of 7-9% q/q. ASE plans to increase CapEx significantly, funded mainly through borrowing, which may impact near-term cash flow.