ams reported very strong Q1 results with revenues up 147% yoy thanks to volume effects, although with a decreasing gross margin (down to 36% from 46%). The operating margin, on the contrary, strongly increased to 17% leading the net result to reach $99.9m in Q1 18. For Q2, the group expects to be strongly affected by customer-driven product transitions and expects revenues to reach a $220-250m range (vs $452m this quarter).
24 Apr 2018
Only Q1 released and FY18 already to be forgotten
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Only Q1 released and FY18 already to be forgotten
ams-OSRAM AG (0QWC:LON) | 0 0 (-2.9%) | Mkt Cap: 9,345m
- Published:
24 Apr 2018 -
Author:
Marc Laubel -
Pages:
2
ams reported very strong Q1 results with revenues up 147% yoy thanks to volume effects, although with a decreasing gross margin (down to 36% from 46%). The operating margin, on the contrary, strongly increased to 17% leading the net result to reach $99.9m in Q1 18. For Q2, the group expects to be strongly affected by customer-driven product transitions and expects revenues to reach a $220-250m range (vs $452m this quarter).