Investing.com - ASM reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ASM announced earnings per share of €1.79 on revenue of €394M. Analysts polled by Investing.com anticipated EPS of €1.73 on revenue of €358.57M.
ASM shares are up 37% from the beginning of the year and are trading at €248.30 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 8.71% from the start of the year.
ASM follows other major Technology sector earnings this month
ASM's report follows an earnings missed by TomTom on Wednesday, April 14, 2021, who reported EPS of €-0.0863 on revenue of €131.2M, compared to forecasts EPS of €0.0035 on revenue of €142.21M.
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