BE Semiconductor Industries Third Quarter 2024 Earnings: Beats Expectations

BE Semiconductor Industries (AMS:BESI) Third Quarter 2024 Results

Key Financial Results

• Revenue: €156.6m (up 27% from 3Q 2023).
• Net income: €46.8m (up 34% from 3Q 2023).
• Profit margin: 30% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.59 (up from €0.45 in 3Q 2023).

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

BE Semiconductor Industries Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 1.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for BE Semiconductor Industries that you should be aware of.

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