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BE Semiconductor Industries reports results for Q1 ended March 31, 2020

Apr 30, 2020 - Marketline Newswire
Financial Results

BE Semiconductor Industries has announced its results for the first quarter ended March 31, 2020.

Key Highlights Revenue of (EURO) 91.3 million, at midpoint of guidance and down 1.2% vs. Q4-19. Up 12.2% vs. Q1-19 due to higher shipments for mobile and logic applicationsOrders of (EURO) 118.6 million, up 18.0% and 42.2% vs. Q4-19 and Q1-19, respectively, due primarily to higher bookings for mobile applicationsGross margin of 56.7% increased by 0.4 points vs. Q4-19 and 0.8 points vs.