SUSS MicroTec shares plunge following lowered revenue guidance

SUSS MicroTec shares experienced a double-digit decline, falling more than 13 percent to reach their lowest level since March. The drop follows a downward revision of the company's full-year revenue guidance.

The company now expects annual revenues to fall between 405 million and 425 million euros, down from the previously stated range of 425 million to 485 million euros. Despite the reduced revenue outlook, the company reported that its EBIT margin remains within its core target range.

The stock's volatility reflects broader questions regarding the timing of customer investments in the semiconductor industry and the stability of demand for lithography and processing solutions during periods of weakened planning assumptions.