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BE Semiconductor beats Q2 revenue forecasts on higher shipments

July 27 (Reuters) - Chipmaking equipment supplier BE Semiconductor (BESI) beat its second-quarter re

BE Semiconductor beats Q2 revenue forecasts on higher shipments

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBE Semiconductor beats Q2 revenue forecasts on higher shipments\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 15:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 27 (Reuters) - Chipmaking equipment supplier BE Semiconductor (BESI) beat its second-quarter revenue targets on Tuesday, driven by higher-than-anticipated shipments from its order backlog.</p>\n<p>Soaring demand from major chip manufacturers like TSMC&nbsp;and Intel, which are expanding production capacity to mitigate a global chip shortage, has largely benefited suppliers to the industry.</p>\n<p>\"Revenue was significantly above guidance due to higher than anticipated shipments from backlog as Besi managed supply chain issues and pandemic restrictions in various countries\", Chief Executive Richard Blickman said in a statement.</p>\n<p>The shortfall, which has hit industries from consumer electronics to automaking, was driven by a surge in demand for phones, TVs and games consoles during the pandemic and then a stronger than expected economic rebound.</p>\n<p>Revenues for the three months to the end of June rose 57.9% from the previous quarter to 226.1 million euros ($266.8 million), compared with a forecast of 30%-40% growth seen in April. 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