ASM International Shares Fall 8% After Gross Margin Guidance
UKPulse Money Desk
ASM International's shares have fallen 8% following the company's full-year gross margin guidance, despite reporting that it beat its own second-quarter revenue guidance.
- ASM International's shares fell 8%.
- The company's full-year gross margin guidance reportedly disappointed.
- ASM International beat its own Q2 revenue guidance.
Shares in ASM International have reportedly fallen by 8% today, 29 July 2026. The decline follows the company's full-year gross margin guidance, which is described as disappointing.
Despite this, ASM International did beat its own revenue guidance for the second quarter and anticipates a stronger second half of the year.