ams OSRAM forecasts higher Q3 revenue
26/07/2024 06:56
July 26 (Reuters) - ams OSRAM AMS.S on Friday forecast
higher revenue in the third quarter thanks to a ramp-up of new
products, with its second-quarter earnings coming in slightly
below expectations.
The Austrian sensor maker posted adjusted earnings before
interest depreciation and amortization (EBITDA) of 135 million
euros ($147 million) for the second quarter, compared with the
130.2 million euros expected by analysts in a poll by Vara
Research.
($1 = 0.9212 euros)
(Reporting by Ozan Ergenay and Nathan Vifflin; Editing by Tom
Hogue)
((Ozan.Ergenay@thomsonreuters.com;
Nathan.Vifflin@thomsonreuters.com))