BE Semiconductor Industries Reports Q1 2025 Earnings

BE Semiconductor Industries N.V. ADR ( (BESIY) ) has released its Q1 earnings. Here is a breakdown of the information BE Semiconductor Industries N.V. ADR presented to its investors.

BE Semiconductor Industries N.V. (Besi) is a prominent manufacturer of assembly equipment for the semiconductor industry, known for its advanced packaging solutions that focus on wafer level and substrate assembly. The company caters to leading semiconductor manufacturers, foundries, and other electronics firms.

In its latest earnings report for Q1 2025, Besi announced a revenue of €144.1 million and a net income of €31.5 million. Despite a slight decline in revenue compared to the previous quarter, the company saw an increase in orders, particularly from Asian subcontractors for AI-related data center applications.

Key financial highlights include a gross margin of 63.6%, a decrease in net income by 46.9% compared to Q4 2024, and a notable increase in net cash by 10.8% to €159.4 million. The company also reported a decrease in operating expenses by 8.9% year-over-year, although challenges remain due to a less favorable product mix and forex influences.

Looking ahead, Besi anticipates flat revenue growth with a gross margin range of 62-64% for Q2 2025. The company remains focused on expanding its advanced packaging solutions for AI applications, despite uncertainties in mainstream assembly markets and potential impacts from new tariffs.