ASM International Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

ASM International (AMS:ASM) Second Quarter 2024 Results

Key Financial Results

• Revenue: €706.1m (up 5.5% from 2Q 2023).
• Net income: €159.0m (up 5.2% from 2Q 2023).
• Profit margin: 23% (in line with 2Q 2023).
• EPS: €3.23 (up from €3.06 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ASM International Revenues Beat Expectations

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 7.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for ASM International you should be aware of.

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