Edition:
United Kingdom

ams AG (AMS.S)

AMS.S on Virt-X Level 1

49.80CHF
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CHF2.26 (+4.75%)
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CHF47.54
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CHF48.60
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Tue, Jul 24 2018

Chipmaker AMS shrugs off second quarter loss with rise in new orders

VIENNA Austrian chipmaker AMS said new orders for its sensors used in face recognition will lift growth in the second half of the year, sending its shares higher and brushing aside a widely expected second-quarter operating loss.

BRIEF-Ams AG Q2 Adj EBIT Was A Loss Of USD 48.6 Mln

* Q2 GROUP REVENUES WERE USD 252.8 MILLION, DOWN 42% SEQUENTIALLY COMPARED TO Q1

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