Investing.com - ASM reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ASM announced earnings per share of €1.79 on revenue of €394M. Analysts polled by Investing.com anticipated EPS of €1.73 on revenue of €358.57M.
ASM shares are up 37% from the beginning of the year and are trading at €248.30 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 8.71% from the start of the year.
ASM follows other major Technology sector earnings this month
ASM's report follows an earnings missed by TomTom on April 14, who reported EPS of €-0.0863 on revenue of €131.2M, compared to forecasts EPS of €0.0035 on revenue of €142.21M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar