share_log

Earnings Call Summary | ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS(ASMIY.US) Q1 2024 Earnings Conference

Earnings Call Summary | ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS(ASMIY.US) Q1 2024 Earnings Conference

業績電話會議摘要 | ASM INTERNATIONAL NV SPON ADR 每位代表 1 ORD SHS (ASMIY.US) 2024 年第一季度業績會議
moomoo AI ·  04/24 18:13  · 電話會議

The following is a summary of the ASM International NV (ASMIY) Q1 2024 Earnings Call Transcript:

以下是ASM International NV(ASMIY)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • ASM reported revenue of €639 million in Q1 2024, at the high end of their guidance range.

  • The company's gross margin increased to 52.9%, up from 47.9% in Q4 2023.

  • SG&A expenses increased by 4% compared to Q1 2023 but were lower than Q4 2023 due to lower variable expenses and reduced spending.

  • Net R&D increased by 2% year-on-year and is expected to increase by 10% to 20% in 2024.

  • ASM's strong financial position is highlighted by an end of quarter cash balance of €720 million.

  • Free cash flow for the quarter amounted to €62 million.

  • ASM報告稱,2024年第一季度收入爲6.39億歐元,處於其預期區間的最高水平。

  • 該公司的毛利率從2023年第四季度的47.9%增至52.9%。

  • 與2023年第一季度相比,銷售和收購支出增長了4%,但由於可變支出減少和支出減少,低於2023年第四季度。

  • 淨研發同比增長2%,預計到2024年將增長10%至20%。

  • ASM的強勁財務狀況體現在季度末的現金餘額爲7.2億歐元。

  • 該季度的自由現金流爲6200萬歐元。

Business Progress:

業務進展:

  • Record high Q1 revenues were driven by ALD and Epi with significant sales from the Chinese market, which is expected to remain strong in Q2.

  • ASM's capital expenditure remains between €100 million to €180 million with a significant part allotted for R&D.

  • The company is actively engaged with customers for developments in 3D DRAM and 4F squared DRAM.

  • A significant increase in ALD intensity is expected as the transition continues from 2 nanometer to 1.8 nanometer.

  • Anticipated orders for High Bandwidth Memory (HBM) are expected to be converted into revenue over the next few quarters.

  • ASM maintains its 2025 revenue target range of €3 billion to €3.6 billion, driven by the start of high volume manufacturing of gate-all-around process and expected recovery in memory.

  • 第一季度收入創歷史新高,受ALD和Epi的推動,中國市場的大量銷售,預計第二季度將保持強勁。

  • ASM的資本支出仍在1億歐元至1.8億歐元之間,其中很大一部分用於研發。

  • 該公司積極與客戶合作,共同開發3D DRAM和4F平方DRAM。

  • 隨着從2納米持續過渡到1.8納米,原子層沉積強度預計將顯著增加。

  • 高帶寬存儲器(HBM)的預期訂單預計將在未來幾個季度轉化爲收入。

  • ASM維持其2025年收入目標區間爲30億歐元至36億歐元,這得益於門禁全方位工藝的大批量生產以及預期的存儲器復甦。

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論