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ams Reports Record Full Year 2017 Results with Fourth Quarter Revenues Up 252%

Published: February 6, 2018; 07:22 · (Vindobona)

ams also reports that the operating result is up 683%year-on-year for in-line profitability; large 3D sensing design-win at Asian smartphone OEM, high value automotive 3D LIDAR design-win, power component design-win at consumer OEM; acquisition of face recognition software firm KeyLemon for 3D sensing; expected revenue growth 2016-2019 at 60% CAGR, 2019 expected revenues above USD 2.7 billion; expected first quarter revenues of USD 440-490 million, up over 150% year-on-year; revenue growth expected in second half 2018; evaluating secondary listing in Hong Kong.

ams Reports Record Full Year 2017 Results with Fourth Quarter Revenues Up 252% / Picture: © Vindobona

ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, reports record full year results for 2017 with fourth quarter revenues up 252% year-on-year, fourth quarter operating profitability well in-line with previous guidance and fourth quarter operating result up 683% year-on-year. 2017 full year revenues grew strongly to EUR 1,063.8 million (USD 1,221.3…

This article includes a total of 2558 words.

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