BE Semiconductor Industries N.V. Announces Q3-24 Results [Yahoo! Finance]
BE SMCNDCTR INDUS S/ADR (BESIY)
NASDAQ:AMEX Investor Relations:
besi.com/investor-relations
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Source: Yahoo! Finance
Q3-23 Orders 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 € 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 markets Orders of € 151.8 million up 19.2% vs. Q3-23 due to increased hybrid bonding orders. Down 18.0% vs. Q2-24 due primarily to fluctuations in hybrid bonding order patterns by customers
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