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ams-OSRAM AG Q1 Loss Climbs

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

ams-OSRAM AG (AUKUF.PK) revealed Loss for its first quarter that increased from last year

The company's bottom line came in at -Euro710 million, or -Euro0.72 per share. This compares with -Euro134 million, or -Euro0.51 per share, in last year's first quarter.

Excluding items, ams-OSRAM AG reported adjusted earnings of -Euro35 million or -Euro0.03 per share for the period.

The company's revenue for the quarter fell 8.6% to Euro847 million from Euro927 million last year.

ams-OSRAM AG earnings at a glance (GAAP) :

-Earnings (Q1): -Euro710 Mln. vs. -Euro134 Mln. last year.
-EPS (Q1): -Euro0.72 vs. -Euro0.51 last year.
-Revenue (Q1): Euro847 Mln vs. Euro927 Mln last year.

-Guidance:
Next quarter revenue guidance: €770 Mln to €870 Mln

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