BE Semiconductor Industries (AMS:BESI) Second Quarter 2024 Results

Key Financial Results

• Revenue: €151.2m (down 7.0% from 2Q 2023).

• Net income: €41.9m (down 20% from 2Q 2023).

• Profit margin: 28% (down from 32% in 2Q 2023).

• EPS: €0.53 (down from €0.68 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BE Semiconductor Industries EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.1%.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 16% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for BE Semiconductor Industries you should know about.

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