ASM International posts Q3 net income of €308.1m, raises 2027 revenue target

Investing.com -- ASM International reported third quarter net income of €308.1 million and revenue of €1,159.4 million, the company said Tuesday.

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The semiconductor equipment maker posted a gross margin of 52% for the quarter. Adjusted net income reached €315.4 million, while operating result came in at €378.9 million.

The company projects fourth quarter 2026 revenue of €1.23 billion, plus or minus 5%, at constant currencies.

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ASM International expects 2027 revenue to exceed €5.70 billion at constant currencies, surpassing the top end of the €3.7-€4.6 billion target range provided at its investor day in September 2025.

"We delivered another strong quarter, with Q2 2026 revenue of €1,003 million, above the midpoint of our guidance range," said Hichem M'Saad, CEO of ASM. "This performance reflects the strong execution of our teams, who remained focused on meeting customer demand despite increasing pressures across the supply chain."

M'Saad added that the company maintained strong profitability with a gross margin of 51.9% and an adjusted operating margin of 33.0%. He said the company continued to invest in R&D to accelerate future technology breakthroughs.

The company authorized a new share buyback program of up to €300 million.

Original Article

ASM International posts Q3 net income of €308.1m, raises 2027 revenue target

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