ASM International (OTCMKTS:ASMIY) Releases Quarterly Earnings Results

ASM International (OTCMKTS:ASMIY) announced its earnings results on Tuesday. The company reported $3.93 EPS for the quarter, reports. ASM International had a return on equity of 18.53% and a net margin of 21.27%. The business had revenue of $693.81 million for the quarter. ASM International updated its Q2 2024 guidance to EPS and its FY 2025 guidance to EPS.

ASM International Price Performance

Shares of ASM International stock traded up $2.33 on Friday, hitting $631.99. 3,870 shares of the company’s stock traded hands, compared to its average volume of 4,356. The firm’s 50-day moving average price is $614.51 and its two-hundred day moving average price is $537.87. The stock has a market capitalization of $31.18 billion, a PE ratio of 49.62 and a beta of 1.69. ASM International has a one year low of $343.37 and a one year high of $661.00.

ASM International Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, May 16th will be issued a dividend of $2.5568 per share. This is an increase from ASM International’s previous dividend of $2.27. The ex-dividend date is Wednesday, May 15th. ASM International’s dividend payout ratio is currently 19.35%.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.