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Substantial Revenue Increase at austriamicrosystems

Published: April 23, 2012; 19:25 · (Vindobona)

austriamicrosystems recorded revenue and earnings growth in the first quarter of 2012 and expects full year revenue growth to exceed 30% compared to 2011.

Substantial Revenue Increase at austriamicrosystems / Picture: © Flickr

First quarter group revenues grew to € 90.7m, up 64% compared to the same quarter 2011 (60% in constant currency terms) and 12% quarter-on-quarter. Gross margin was 53% excluding acquisition-related amortization and 51% including acquisition-related amortization, compared to 51% in the first quarter 2011.

The result from operations (EBIT) for the first quarter increased to €…

This article includes a total of 162 words.

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