- ASM International’s Q2 orders reached €755.4 million, surpassing the estimate of €708.6 million.
- Gross margin was recorded at 49.8%, slightly below the estimate of 50.1%.
- Operating margin stood at 25.1%, falling short of the estimated 28.6%.
- Net income for Q2 was €159.0 million, exceeding the estimate of €155.9 million.
- Q3 2024 revenue is projected to be in the range of €740-780 million.
- Revenue for the second half of 2024 is expected to increase by approximately 15% compared to the first half.
- In the silicon-based power/analog/wafer segment, bookings remained at a decent level despite generally slow demand in the market.
- Analyst recommendations: 15 buys, 7 holds, and 3 sells.
A look at Asm International Nv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ASM International N.V., a company specializing in semiconductor production machines, has received Smart Scores indicating its long-term outlook. With a Growth score of 4 and Resilience and Momentum scores of 5, ASM International N.V. shows promise in terms of expanding its operations and adapting to market challenges efficiently. The company’s strong momentum suggests good potential for future growth and performance in the semiconductor industry.
In contrast, the Value and Dividend scores are rated at 2 each, indicating relatively weaker performance in these areas. Despite this, ASM International N.V. stands out for its robust growth prospects, resilience in the face of uncertainties, and impressive momentum. This suggests that the company may likely see sustained success and positive performance in the long term, positioning it well within the competitive semiconductor market landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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