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ASM International NV (ASMXF)
- Reuters
ASMI ups revenue forecast, cites strong Chinese bookings, shares jump
(Reuters) -Wafer processing equipment supplier ASM International (ASMI) raised its revenue forecast for the second quarter, citing stronger-than-expected Chinese demand and higher sales in advanced logic and memory, sending its shares up as much as 12%. ASMI said after market close on Tuesday that it now expected revenue in the quarter between 660 million euros and 700 million euros ($706 million to $749 million) at constant currencies, compared with 600-640 million euros previously. It also forecast a 10% revenue increase in the second half of 2024 compared with the first half.
- GlobeNewswire
ASM reports first quarter 2024
Almere, The Netherlands April 23, 2024, 6 p.m. CET Solid start of the year, Q1 orders supported by GAA and HBM ASM International N.V. (Euronext Amsterdam: ASM) today reports its Q1 2024 results (unaudited). Financial highlights € million Q1 2023 Q4 2023 Q1 2024 New orders 647.4 677.5 697.9 yoy change % at constant currencies (6%) (14%) 10% Revenue 710.0 632.9 639.0 yoy change % at constant currencies 40% (7%) (8%) Gross profit margin % 49.4 % 47.2 % 52.9 % Adjusted gross profit margin 1 51.1 % 4
- Simply Wall St.
ASM International's (AMS:ASM) earnings growth rate lags the 57% CAGR delivered to shareholders
For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality...
