ASMPT Ltd
00522: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >B? | LOCK|q$h> | LOCK|zyjQS$& |
ASMPT Earnings: Timing of Turnaround Delayed; Encouraging New Orders
ASMPT’s third-quarter revenue declined by 3.7% year over year, with earnings per share up 50%. Management guided to fourth-quarter revenue, implying a 3.5% decline, whereas we had been looking for a quicker turnaround.
