BE Semiconductor Industries N.V. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 02:58 am EDT
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BE Semiconductor Industries N.V. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was EUR 202.41 million compared to EUR 143.2 million a year ago. Net income was EUR 67.54 million compared to EUR 37.61 million a year ago. Basic earnings per share from continuing operations was EUR 0.87 compared to EUR 0.51 a year ago. Diluted earnings per share from continuing operations was EUR 0.81 compared to EUR 0.47 a year ago.
BE Semiconductor Industries N.V. (Besi) specializes in the design, manufacturing and marketing of semiconductor assembly equipment for the global semiconductor and electronics industries. The group develops leading edge assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a wide range of end-user markets including electronics, mobile Internet, computer, automotive, industrial, RFID, LED and solar energy.
Net sales are distributed geographically as follows: Ireland (7.5%), Europe (8.2%), China (35.5%), Malaysia (8.4%), Korea (7.3%), Taiwan (6.5%), Thailand ( 3.6%), Asia/Pacific (11.8%), United States (8.8%) and other (2.4%).