ams AG / ams reports full year 2016 results with fourth quarter 2016 revenues at upper end of guidance; expects sequential revenue growth in first quarter 2017 with flattish revenue development before Heptagon consolidation;confirms strong revenue growth

Press Wire ♦ Published: February 7, 2017; 07:21 ♦ (Vindobona)

ams (SIX: AMS), a leading worldwide supplier of high performance sensor and analog solutions, reports full year results for 2016 with fourth quarter 2016 revenues at the upper end of previous guidance. Following soft demand in the first half year, the success of ams' consumer solutions in new devices played a key role for ams' business performance in the second half.

ams AG / ams reports full year 2016 results with fourth quarter 2016 revenues at upper end of guidance; expects sequential revenue growth in first quarter 2017 with flattish revenue development before Heptagon consolidation;confirms strong revenue growth / Picture: © Vindobona.org

 

--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.

Fast News Search
Read More
ams