logo
  

ams-OSRAM AG Q1 Loss Climbs

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

For comments and feedback contact: editorial@rttnews.com

Jobless claims data was the highlight in this relatively light week for U.S. economics. In Europe, focus was on the U.K. economy where the Bank of England announced its latest policy decision and the first quarter GDP data were released. Find out the signals from the central bank and whether or not the UK economy exited a recession. In the Asia-Pacific, Australia's central bank delivered its latest policy verdict and China released trade figures.

View More Videos
RELATED NEWS
Follow RTT