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ams AG (AMS.S)

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Latest Key Developments (Source: Significant Developments)

AMS says makes steady progress in Android business
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - AMS AG ::CEO says in the Android business we are making progress on a monthly basis.  Full Article

Ams AG Q2 Adj EBIT Was A Loss Of USD 48.6 Mln
Monday, 23 Jul 2018 

July 23 (Reuters) - ams AG ::Q2 GROUP REVENUES WERE USD 252.8 MILLION, DOWN 42% SEQUENTIALLY COMPARED TO Q1.GROUP REVENUES FOR FIRST HALF OF 2018 WERE USD 685.5 MILLION, UP 76% COMPARED TO USD 388.7 MILLION YEAR AGO.Q2 ADJUSTED EBIT WAS A LOSS OF USD 48.6 MILLION DECREASING FROM USD 1.6 MILLION IN SAME PERIOD 2017.ADJUSTED NET INCOME FOR Q2 WAS A LOSS OF USD 103.5 MILLION COMPARED TO A LOSS OF USD 20.9 MILLION FOR SAME PERIOD 2017.FOR Q3 2018, AMS SEES STEEP SEQUENTIAL GROWTH.EXPECTS Q3 REVENUES TO GROW STRONGLY TO USD 450-490 MILLION, UP 78-94% SEQUENTIALLY AND 46-59% YEAR-ON-YEAR.DRIVEN BY THESE LARGE SCALE CONSUMER RAMPS, CURRENTLY EXPECTS A RECORD LEVEL OF REVENUES FOR SECOND HALF OF 2018.ADJUSTED OPERATING MARGIN FOR Q3 IS EXPECTED TO SHOW A SIGNIFICANT SEQUENTIAL INCREASE TO A LOW TEENS PERCENTAGE.ENDORSES ITS GROWTH TARGET FOR AMS REVENUES OF 60% CAGR FOR 2016-2019 PERIOD.ALSO ENDORSES REACHING TARGET OF 30% ADJUSTED EBIT MARGIN FOR AMS IN 2020.  Full Article

Ams Extends Management Board Contract For CEO Alexander Everke Until 2021
Tuesday, 3 Jul 2018 

July 4(Reuters) - ams AG ::ANNOUNCED ON TUESDAY EXTENSION OF MANAGEMENT BOARD CONTRACT FOR CEO ALEXANDER EVERKE UNTIL 2021.  Full Article

Ams Q1 Group Revenues At USD 452.7 Mln
Monday, 23 Apr 2018 

April 23 (Reuters) - ams AG ::Q1 GROUP REVENUES WERE USD 452.7 MILLION, UP 147% FROM USD 183.5 MILLION IN Q1 2017 AND 22% LOWER SEQUENTIALLY COMPARED TO PREVIOUS QUARTER.Q1 ADJUSTED EBIT WAS USD 77.3 MILLION OR 17% OF REVENUES (EXCLUDING ACQUISITION-RELATED AND SHARE-BASED COMPENSATION COSTS).Q1 ADJUSTED EBIT UP STRONGLY FROM USD 5.0 MILLION OR 3% OF REVENUES IN Q1 2017.Q1 ADJUSTED EBIT AT USD 46.5 MILLION INCLUDING ACQUISITION-RELATED AND SHARE-BASED COMPENSATION COSTS (USD -16.9 MILLION IN Q1 2017).Q1 ADJUSTED NET INCOME AT USD 99.9 MILLION, COMPARED TO USD -19.9 MILLION FOR Q1 2017 (Q1 2018: USD 77.1 MILLION INCLUDING VALUATION EFFECT).EXPECTS A SIGNIFICANT UNDER-UTILIZATION OF CAPACITY IN Q2 LEADING TO A NEGATIVE ADJUSTED OPERATING MARGIN.EXPECTS Q2 REVENUES OF USD 220-250 MILLION.  Full Article

Ams Implements A Revised Earn-Out Structure
Tuesday, 27 Mar 2018 

March 27 (Reuters) - AMS AG ::‍IMPLEMENTS A REVISED EARN-OUT STRUCTURE GAINING 100% ACCEPTANCE BY FORMER HEPTAGON SHAREHOLDERS TO REFLECT HIGHER-THAN-EXPECTED CAPITAL EXPENDITURE REQUIREMENTS​.‍KEY ELEMENTS OF FINAL EARN-OUT STRUCTURE ARE TOTAL DISTRIBUTION OF 3,855,082 AMS SHARES TOGETHER WITH ANCILLARY CASH DISTRIBUTION OF USD 15 MILLION​.  Full Article

Nuheara To Partner With Ams AG To Launch Noise Cancellation Wireless Earbud​
Tuesday, 9 Jan 2018 

Jan 10 (Reuters) - Nuheara Ltd ::‍PARTNERS WITH AMS AG TO LAUNCH NOISE CANCELLATION WIRELESS EARBUD​ CALLED LIVEIQ.  Full Article

Melexis Wins Patent Infringement Lawsuit From Ams AG
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - MELEXIS NV ::REG-MELEXIS WINS PATENT INFRINGEMENT LAWSUIT FROM AMS AG.‍COURT HAS RULED IN MELEXIS' FAVOR BY DISMISSING COMPLAINT OF AMS AG​.  Full Article

AMS Appoints Mark Hamersma As Chief Business Development Officer
Friday, 15 Dec 2017 

Dec 15 (Reuters) - AMS AG ::EXPANDS MANAGEMENT BOARD WITH MARK HAMERSMA AS CHIEF BUSINESS DEVELOPMENT OFFICER.MARK HAMERSMA WILL JOIN MANAGEMENT BOARD AS CHIEF BUSINESS DEVELOPMENT OFFICER (CBO) AS OF 1 JANUARY 2018.  Full Article

Ams sells LED backlight technology and product portfolio to Dialog Semiconductor​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - AMS AG ::‍DIVESTS LED BACKLIGHT TECHNOLOGY AND PRODUCT PORTFOLIO TO DIALOG SEMICONDUCTOR <<>>​.‍AS PART OF TRANSACTION, DIALOG HAS ALSO ACQUIRED SPECIFIC AMS INTELLECTUAL PROPERTY RIGHTS​.‍TRANSACTION IS NOW CLOSED, WITH COMMERCIAL TERMS OF DEAL UNDISCLOSED​.‍RELATED REVENUES ARE NOT MATERIAL TO AMS' BUSINESS​.  Full Article

AMS ‍announces new share repurchase program
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - AMS AG ::‍ANNOUNCES NEW SHARE REPURCHASE PROGRAM FOR UP TO TWO YEAR PERIOD TO START ON 10 NOVEMBER 2017​.‍HAS DECIDED TO LAUNCH A FURTHER SHARE REPURCHASE PROGRAM FOR UP TO 8.0% OF ISSUED SHARE CAPITAL​.‍REPURCHASE PROGRAM WILL COMMENCE ON 10 NOVEMBER 2017 AND WILL BE UPHELD UNTIL 8 NOVEMBER 2019 AT LATEST​.  Full Article

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Investors ditch European shares as political risk bursts

LONDON Investors took cover and ditched European shares on Monday as a burst of political risk with a key vote on Brexit being delayed and unrest over the weekend in France added to concerns over global growth and U.S-Chinese trade tensions.