ASMI’s third-quarter reservations defeat assumptions, ups recommendation

0
19
ASMI’s third-quarter reservations defeat assumptions, ups recommendation


(Reuters) – Chip- making instruments supplier ASM International (ASMI) projection larger fourth-quarter recommendation after third-quarter reservations defeat assumptions as AI stays to drive premium orders.

The Dutch agency at the moment anticipates fourth-quarter gross sales in a spread in between 770 million euros and 810 million euros ($ 832.14 million to $875.37 million) resulting in a 15% rise for the 2nd fifty % of the 12 months contrasted to the very first fifty %, whereas third-quarter reservations obtained to 815 million euros, defeating quotes of 786 thousands and thousands euros in line with a company-compiled settlement.

($ 1 = 0.9253 euros)

(Reporting by Nathan Vifflin; enhancing and enhancing by David Evans)



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here