BE Semiconductor Industries N.V. Announces Q3-24 Results
BE SMCNDCTR INDUS S/ADR (BESIY)
NASDAQ:AMEX Investor Relations:
besi.com/investor-relations
Company Research
Source: GlobeNewswire
Q3-24 Revenue of € 156.6 Million and Net Income of € 46.8 Million Up 27.0% and 33.7%, Respectively, vs. Q3-23Orders of € 151.8 Million Up 19.2% vs. Q3-23. Hybrid Bonding Adoption Continues YTD-24 Revenue of € 454.1 Million and Net Income of € 122.7 Million Orders of € 464.8 Million Up 21.7% vs. YTD-23 DUIVEN, the Netherlands, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BE Semiconductor Industries N.V. (the “Company" or "Besi") (Euronext Amsterdam: BESI; OTC markets: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the third quarter and nine months ended September 30, 2024. Key Highlights Q3-24 Revenue of € 156.6 million up 3.6% vs. Q2-24 and 27.0% vs. Q3-23 due to increased demand by computing end user markets for hybrid bonding, photonics and other AI applications partially offset by ongoing weakness in automotive and Chinese end user marketsOrders of € 151.8 million up 19.2% vs. Q3-23 due to incr
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