Investing.com - ASM reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ASM announced earnings per share of €1.67 on revenue of €346.61M. Analysts polled by Investing.com anticipated EPS of €1.52 on revenue of €330.42M.
ASM shares are down 5% from the beginning of the year and are trading at €227.60 , down-from-52-week-high.They are under-performing the IBEX 35 which is up 3.02% from the start of the year.
ASM follows other major Technology sector earnings this month
ASM's report follows an earnings beat by Adyen on Wednesday, February 10, 2021, who reported EPS of €5.32 on revenue of €210M, compared to forecasts EPS of €5.09 on revenue of €383M.
TomTom had missed expectations on Thursday, February 4, 2021 with fourth quarter EPS of €-0.2076 on revenue of €125.43M, compared to forecast for EPS of €0.0886 on revenue of €133.13M.
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