ASM Earnings, Revenue beat In Q2

  • Investing.com
ASM Earnings, Revenue beat In Q2

Investing.com - ASM reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

ASM announced earnings per share of €2.28 on revenue of €411.69M. Analysts polled by Investing.com anticipated EPS of €2.26 on revenue of €400.65M.

ASM shares are down 2% from the beginning of the year and are trading at €296.20 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 14.94% from the start of the year.

ASM follows other major Information Technology sector earnings this month

ASM's report follows an earnings beat by ASML Holding on Wednesday, July 21, 2021, who reported EPS of €2.52 on revenue of €4.02B, compared to forecasts EPS of €2.49 on revenue of €4.09B.

BE Semiconductor had beat expectations on Tuesday with second quarter EPS of €1.12 on revenue of €226.06M, compared to forecast for EPS of €0.8492 on revenue of €198.94M.

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