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ams AG / ams reports first quarter 2017 results above previous guidance
Press Wire ♦
Published: April 24, 2017; 18:01 ♦ (Vindobona)
ams, a leading worldwide supplier of high performance sensor solutions, reports first quarter 2017 results with revenues and operating profitability above previous guidance. ams expects sequential revenue growth for the second quarter 2017 with revenues of EUR 174-181 million and adjusted operating margin around break-even. Preparations for ramp-ups in the second half 2017 are fully on track while increased customer forecasts and a higher revenue pipeline drive a strong increase in capital expenditures. ams' mid-term revenue growth target is under upward revision.
ams AG / ams reports first quarter 2017 results above previous guidance / Picture: © Vindobona.org
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