BE Semiconductor Reports Q1 Dip in Earnings and Revenue

BE Semiconductor sees a 7.4% decline in net income and a 1.5% decrease in revenue for Q1. EPS slipped to 0.40 euros. Investors should note the mixed indicators ahead of the next quarter.

Date: 23-04-2025

AI Rating: 5

**Earnings Analysis**: BE Semiconductor Industries N.V. reported a net income of 31.5 million euros for the first quarter, a decline of 7.4% year-over-year. Correspondingly, the Earnings Per Share (EPS) fell to 0.40 euros, compared to 0.44 euros the previous year. This represents an adverse trend that could raise concerns among investors regarding the company’s profitability. The adjusted net income also decreased significantly to 35.9 million euros from 49.5 million euros last year.

**Revenue Growth Insights**: The company’s revenue for Q1 was 144.1 million euros, marking a 1.5% decrease from the same period in the previous year. Despite this decline, there was a slight positive indication in the orders, which rose by 3.3% to 131.9 million euros. This uptick in orders might suggest a potential for recovery or stabilization in future revenue streams.

**Future Outlook**: Looking ahead, BE Semiconductor has forecasted revenues for the second quarter to be flat with a variance of plus or minus 10% from the first quarter, indicating uncertainty surrounding revenue movement. Moreover, the gross margins are anticipated to range between 62% and 64%, which is a decent margin, indicating that the company is still maintaining a robust position in terms of profit creation relative to net sales.

**Investor Implications**: Given the decline in net income and EPS, investors may need to reassess their expectations regarding BE Semiconductor's stock performance in the short to medium term. The mixed signals from revenue growth along with stable gross margins highlight potential resilience, but the overall downturn requires caution.

Stocks: BSEM SMH