Nucor earnings beat by $0.08, revenue fell short of estimates
Investing.com -- BE Semiconductor Industries NV (AS:BESI) posted an 8.2% jump in order bookings for the first quarter of 2025, fueled by a rise in demand from Asian subcontractors supporting AI-focused data center applications.
CEO of the Dutch chipmaking parts supplier Richard Blickman said that although the market environment has become harder to forecast due to heightened trade tensions, the outlook for AI-related packaging remains solid.
“Demand for advanced packaging for AI applications remains strong given upcoming new device introductions and use cases planned in the 2026-2028 period,” he said.
The company had previously signaled in February that a broader recovery in mainstream assembly markets would likely begin in the second half of the year, contingent on end-market dynamics and the evolution of trade restrictions.
First-quarter revenue came in at €144.1 million ($164.1 million), representing a 6.1% drop from the prior quarter, as shipments tied to mobile and automotive segments remained soft.
Besi reported a gross margin of 63.6% for the first quarter, down 0.4 percentage points from the previous quarter and 3.6 points year-on-year. The decline was mainly attributed to a less favorable product mix, with adverse foreign exchange effects also contributing to a lesser extent.