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BE Semiconductor (BESIY)
OTHER OTC:BESIY
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.52Last Year’s EPS
0.47Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 3.32%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Neutral
The call presented a mixed picture with strong financial metrics such as net income growth and shareholder returns, but it was offset by declining orders and revenue challenges in certain segments. The outlook for hybrid bonding and AI applications remains positive, though concerns in mainstream assembly markets persist.Company Guidance
During Besi's fourth-quarter and full-year 2024 conference call, the company provided several metrics and guidance for 2025. Besi reported a revenue of EUR 153.4 million for Q4, down 2% from Q3 and 3.9% from Q4 2023, primarily due to decreased demand in automotive applications. Orders for the quarter were EUR 121.9 million, a 19.7% decrease from the previous quarter and a 26.7% decrease from Q4 2023. Despite these declines, net income for Q4 increased 26.7% versus Q3 and 8% from Q4 2023, reaching EUR 59.3 million, thanks to net tax benefits. For the full year, revenue grew by approximately 5% to EUR 607.5 million, driven by demand in AI-related hybrid bonding and photonics applications, with orders rising 7% to EUR 586.7 million. Besi achieved gross, operating, and net margins of 65.2%, 32%, and 30%, respectively, in 2024. Looking ahead, Besi anticipates 2025 Q1 revenue to decrease between 0% and 10% from Q4 2024, with gross margins expected to remain between 63% and 65%. Operating expenses are projected to rise by 10% to 20% due to higher strategic consulting costs. The company also highlighted a cautious optimism for 2025, expecting momentum in advanced AI applications to offset ongoing weaknesses in mainstream markets.Net Income Increase
Q4 '24 net income of EUR59.3 million increased 26.7% versus the third quarter last year and 8% versus fourth quarter '23 due to net tax benefits.
Revenue Growth in AI Applications
For the year, revenue grew by approximately 5% to reach EUR607.5 million, driven by higher demand in AI-related hybrid bonding and photonics applications.
Strong Margins Maintained
Besi achieved gross operating and net margins of 65.2%, 32%, and 30% respectively in 2024, with a slight increase in gross margins due to a favorable advanced packaging product mix.
Significant Shareholder Returns
Besi distributed a total of EUR251.3 million in 2024 to shareholders, representing 41% of total revenue, including a cash dividend of EUR171.5 million and a share repurchase program.
Solid Liquidity Position
Besi ended the year with cash, cash equivalents, and deposits totaling EUR672.3 million, and a net cash position of EUR143.8 million, marking increases of 62.6% and 27.3% respectively versus year-end '23.
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BESIY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BESIY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $121.13 | $122.55 | +1.17% |
| Oct 24, 2024 | $108.07 | $114.45 | +5.90% |
| Jul 25, 2024 | $152.66 | $131.14 | -14.10% |
| Apr 25, 2024 | $146.50 | $143.66 | -1.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BE Semiconductor (BESIY) report earnings?
BE Semiconductor (BESIY) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is BE Semiconductor (BESIY) earnings time?
BE Semiconductor (BESIY) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BESIY EPS forecast?
BESIY EPS forecast for the fiscal quarter 2025 (Q1) is 0.52.
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