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ASM International reports record Q3 revenue of €1.16 billion
ASM International, a semiconductor equipment manufacturer, reported record third-quarter revenue of €1.16 billion, representing a 45% increase year-on-year. The company stated that the growth was driven by the advanced logic and foundry market, including initial substantial contributions from 1.4-nanometer investments, alongside strong demand for memory chips.
Chief Executive Hichem M’Saad noted that the demand environment remains very strong due to the expansion of AI infrastructure. Based on these results, the company projected that 2027 revenue will exceed €5.7 billion, a milestone that would allow it to reach its 2030 revenue target three years ahead of schedule.
Financial metrics for the quarter included a gross margin of 52.0% and an operating profit of €378.9 million. The company also authorized a new share buyback program of up to €300 million.
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What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Reaching 2027 revenue targets would meet the company's 2030 target three years early. businessnews.com.my
- [○ 1 SOURCE] Reported net earnings were €308.1 million. businessnews.com.my
- [○ 1 SOURCE] ASM International authorized a share buyback of up to €300 million. businessnews.com.my
- [● 2 SOURCES] Gross margin for the third quarter was 52.0%. businessnews.com.my · cashcow.nl
- [● 2 SOURCES] Q3 revenue increased 45% year-on-year. businessnews.com.my · cashcow.nl
- [○ 1 SOURCE] Operating profit for the quarter was €378.9 million. businessnews.com.my
- [● 2 SOURCES] ASM International reported Q3 revenue of €1.16 billion. businessnews.com.my · cashcow.nl
- [○ 1 SOURCE] The company projects 2027 revenue will exceed €5.7 billion. businessnews.com.my