ASM International NV (GB:0NX3) has released an update.
ASM International N.V. experienced robust growth in Q2 2024, with bookings soaring by 56% to €755 million, driven by demand for advanced semiconductor technologies like GAA and HBM. Revenue also increased by 6% to €706 million, slightly above their projected guidance, and the company distributed €135 million in dividends and bought back €59 million in shares. Looking ahead, ASM projects a revenue increase to €740-780 million for Q3 2024 and anticipates a 15% revenue growth in the second half of the year compared to the first.
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