Semiconductor equipment company ASM international's international orders are lower than expected.

ASM International's second quarter orders announced were lower than analysts' expectations. The Dutch semiconductor manufacturing equipment supplier reported orders of 7.025 billion euros, a 4% decrease year-on-year at fixed exchange rates. According to Visible Alpha's consensus forecast, analysts had previously expected orders to reach 8.429 billion euros. Revenue for the company increased by 23% to 8.356 billion euros at fixed exchange rates, exceeding analysts' expectations. The group expects revenue for the current quarter to be flat or decrease by a maximum of 5% compared to the second quarter. The company's net profit increased from 1.59 billion euros to 2.024 billion euros, surpassing analysts' expectations. The group continues to forecast that, at fixed exchange rates, sales for the year will increase between 10% and 20% year-on-year, and indicates that it may reach the midpoint of this range.