ams reported Q3 revenues of €133.6m, corresponding to an 8.9% decrease sequentially and 9.2% yoy. The Products business line accounted for €115.7m (-12.1% sequentially, -15.1% yoy), leaving €17.9m to the Foundry business (+62.7% yoy). The adjusted gross margin reached 51.9% (49.3% in IFRS), down 490bp yoy (530bp in IFRS) following an expected customer-specific development; the adjusted EBIT, came in at €16.4m (€7.1m in IFRS), for a margin of 12.3% (vs. 5.3% in IFRS),
07 Feb 2017
A strong H2 17 guidance which dominates the actual release
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A strong H2 17 guidance which dominates the actual release
ams-OSRAM AG (0QWC:LON) | 0 0 (-2.9%) | Mkt Cap: 9,345m
- Published:
07 Feb 2017 -
Author:
Charles Bordes -
Pages:
3
ams reported Q3 revenues of €133.6m, corresponding to an 8.9% decrease sequentially and 9.2% yoy. The Products business line accounted for €115.7m (-12.1% sequentially, -15.1% yoy), leaving €17.9m to the Foundry business (+62.7% yoy). The adjusted gross margin reached 51.9% (49.3% in IFRS), down 490bp yoy (530bp in IFRS) following an expected customer-specific development; the adjusted EBIT, came in at €16.4m (€7.1m in IFRS), for a margin of 12.3% (vs. 5.3% in IFRS),