BE Semiconductor Q3 revenue increases 27% to €156.6m, driven by hybrid bonding and AI demand.

BE Semiconductor Industries N.V. reported a 27% increase in Q3 revenue to €156.6 million and a 33.7% rise in net income to €46.8 million, driven by demand for hybrid bonding and AI applications, despite weakness in the automotive sector and Chinese markets. YTD revenue also increased by 8.3%. Looking ahead, the company anticipates flat revenue for Q4, due to shipment delays, while planning to expand its facilities in Malaysia to meet future demand.

October 24, 2024
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