By Najat Kantouar
BE Semiconductor Industries shares rose after the company reported higher orders for the fourth quarter, partly boosted by demand from Asian subcontractors for data-center applications.
The Dutch manufacturer of chip-making equipment said it now expects to meet the higher end of a guided range for quarterly earnings.
The company, also known as Besi, said Monday that orders rose to approximately 250 million euros ($290.9 million), representing a 43% increase compared with the third quarter.
Shares in morning European trading were up 6.9% at 161.30 euros. Over the past twelve months, shares have risen 11.9%.
The increase was driven by higher bookings by Asian subcontractors for data centers, renewed capacity purchases by photonics customers and anticipated hybrid-bonding orders during the quarter, Besi said.
Over the year ahead, Besi is likely to benefit from sustained AI demand, a recovery in chip assembly after a two-year downturn, and continued growth in advanced chip bonding, ING analyst Marc Hesselink wrote in a note to clients. If these trends continue, results could exceed current estimates over the coming years, he said.
In November, the company had guided for a revenue increase of 15% to 25% relative to the 132.7 million euros booked for the third quarter, with a gross margin of 61% to 63% and an increase of 5% to 10% in operating expenses, which amounted to 48.5 million euros in the third quarter.
"Revenue, gross margin and operating expenses for the fourth quarter are anticipated to be at the favorable end of prior guidance," the company said.
Besi is set to report its full-year results on Feb. 19.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
January 12, 2026 04:53 ET (09:53 GMT)
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