AMS AG : Good momentum, but uncertainty surrounding acquisition of OSRAM to continue to weigh
>Q3 2019 results higher than forecast - Yesterday, ams reported better than expected Q3 2019 results, confirming the favourable momentum stemming from the ramp-up of its sensors solutions at Android smartphone manufacturers and at Apple. The Q3 2019 sales came to $Â 645m, 4.4% above consensus of $Â 617.4m, up 41% y-o-y and 57% q-o-q. The adjusted gross margin came to 44%, showing strong growth vs Q3 2018 (34%) and Q2 2019 (37.4%). EBITA clocked in at $Â 177.9m, i.e. a ma...AMS provides advanced sensor and analog solutions for high value and emerging markets. Co.'s markets include Consumer and Communications and Industrial, Medical, Automotive. Co. delivers a broad range of innovative technology solutions for consumer electronics and communication device manufacturers including intelligent light sensors, MEMS microphone ICs, NFC solutions, active noise-cancelling ICs and ultra-low power management solutions. Co. offers customized, application-specific integrated circuits and standard solutions for a broad range of industrial applications including automation and control, position sensors, building automation, security and high-resolution seismic analysis.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.