ASM earnings, Revenue beat in Q2

  • Investing.com
ASM earnings, Revenue beat in Q2
Credit: © Reuters.

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

ASM announced earnings per share of €1.5 on revenue of €341.81M. Analysts polled by Investing.com anticipated EPS of €1.41 on revenue of €328.21M.

ASM shares are up 39% from the beginning of the year and are trading at €139.35 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.58% year to date.

ASM follows other major Technology sector earnings this month

ASM's report follows an earnings missed by ASML Holding on Wednesday, July 15, 2020, who reported EPS of €1.79 on revenue of €3.33B, compared to forecasts EPS of €2.01 on revenue of €3.4B.

TomTom had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of €-0.33 on revenue of €124.02M, compared to forecast for EPS of €-0.37 on revenue of €127.32M.

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

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles