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BE Semiconductor Industries N.V. Announces Annual and Q4-18 Results

Be Semiconductor Ny Reg (BESIY)  More Company Research Source: GlobeNewswire
NASDAQ:AMEX Investor Relations: besi.com/investor-relations
PDF 2018 Revenue and Net Income of € 525.3 Million and € 136.3 Million, RespectivelyQ4-18 Revenue and Net Income of € 92.5 Million and € 22.7 Million, RespectivelyProposed Dividend of € 1.67 per Share for Fiscal 2018 DUIVEN, the Netherlands, Feb. 20, 2019 (GLOBE NEWSWIRE) -- BE Semiconductor Industries N.V. (the “Company" or "Besi") (Euronext Amsterdam: BESI; OTC markets: BESIY, Nasdaq International Designation), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the fourth quarter and year ended December 31, 2018. Key Highlights Q4-18 Revenue of € 92.5 million is within prior guidance. Down 20.7% and 39.6% vs. Q3-18 and Q4-17, respectively, due primarily to weakness in mobile applications and less favorable market conditionsOrders of € 83.1 million declined 23.0% vs. Q3-18 due to lower bookings for mobile applications and typical seasonality partially offset by growth in cloud applications. Down 44.4% vs. Q4-17Gross margin de [Read more]

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