ASM International N.V : Very reassuring Q3 figures
>Q3 results better than expected and q-o-q improvement in BtB - ASM International yesterday evening reported its Q3 2020 results which beat expectations, with an improving BtB. Sales came in at € 314.6m, just ahead of the consensus of € 310.8m and the guidance of € 300m-320m. This figure shows a sequential decline of 8%, with half stemming from forex effects. It equates to an increase of 16% y-o-y. The gross margin came to 49.9% vs a consensus of 43.8%. Again, the gr...ASM International is an equipment supplier mainly to the semiconductor manufacturing industry. Co. designs, manufactures and sells equipment and services to its customers for the production of semiconductor devices, or integrated circuits. Co.'s front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. Co.'s back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged and tested.
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.