Earnings Alerts

ASM International NV (ASM) Earnings Outperform Estimates with Projected Revenue Growth in Q2 and Full Year 2024

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  • ASMI 1Q Orders exceeded estimates with a revenue of EU697.9 million, surpassing the estimated EU662.1 million.
  • Revenue for H2 2024 is projected to have an increase of 10% or more compared to H1 2024.
  • Projected revenue increase for Q2 2024 is €660-700 million, higher than what was indicated in the Q4 report.
  • 2024 is expected to be a year of growth for ASM.
  • Memory bookings showed a substantial increase compared to last year, largely influenced by HBM-related demand for high-performance DRAM applications.
  • Power/analog/wafer order intake (excluding silicon carbide Epi) continues to be comparatively low, reflecting the soft market conditions in this segment.
  • The current investor sentiment for ASMI stands at 12 buys, 9 holds, and 2 sells.

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A look at Asm International Nv Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE3.8

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 that develops and manufactures semiconductor production equipment, has been given a favorable long-term outlook based on the Smartkarma Smart Scores assessment. With high scores in Growth, Resilience, and Momentum, the company is positioned well for future success. The Growth score of 5 indicates strong potential for expansion and innovation in the semiconductor industry, while the Resilience and Momentum scores of 5 reflect the company’s ability to withstand market challenges and maintain positive performance trends.

Although ASM International N.V. received moderate scores in Value and Dividend, the high ratings in Growth, Resilience, and Momentum suggest a promising trajectory for the company. Operating in various key markets including Europe, the United States, Japan, and elsewhere in Asia, ASM International N.V. is strategically positioned to leverage its strengths and capitalize on opportunities in the semiconductor equipment industry.


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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