ASM earnings, Revenue beat in Q1

  • Investing.com
ASM earnings, Revenue beat in Q1

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

ASM announced earnings per share of €2.92 on revenue of €516.94M. Analysts polled by Investing.com anticipated EPS of €2.86 on revenue of €511.03M.

ASM shares are down 20% from the beginning of the year and are trading at €309.80 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 5.68% year to date.

ASM follows other major Information Technology sector earnings this month

ASM's report follows an earnings missed by ASML Holding on Wednesday, who reported EPS of €1.73 on revenue of €3.53B, compared to forecasts EPS of €2.03 on revenue of €3.71B.

TomTom had missed expectations on Thursday, April 14, 2022 with first quarter EPS of €-0.1934 on revenue of €128.42M, compared to forecast for EPS of €-0.08 on revenue of €134.29M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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