Stock Analysis
- Netherlands
- /
- Semiconductors
- /
- ENXTAM:ASM
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.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About ENXTAM:ASM
ASM International
Engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.