Investing.com - BE Semiconductor reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BE Semiconductor announced earnings per share of €1.12 on revenue of €226.06M. Analysts polled by Investing.com anticipated EPS of €0.8492 on revenue of €198.94M.
BE Semiconductor shares are up 37% from the beginning of the year and are trading at €73.22 , down-from-52-week-high.They are outperforming the CAC 40 which is up 17.92% from the start of the year.
BE Semiconductor shares gained 0.55% in intra-day trade the report.
BE Semiconductor follows other major Information Technology sector earnings this month
BE Semiconductor's report follows an earnings beat by ASML Holding on Wednesday, July 21, 2021, who reported EPS of €2.52 on revenue of €4.02B, compared to forecasts EPS of €2.49 on revenue of €4.09B.
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