Earnings call transcript: ASBISc posts huge Q3 2026 beat as shares jump 8%
ASBISc reported a significant earnings beat for Q3 2026, with adjusted earnings per share (EPS) at $1.93, surpassing Wall Street's expectations of $0.9106. Revenue for the quarter reached $8.32 billion, more than double the forecasted $3.93 billion. This substantial beat indicates strong demand and execution, with revenue surpassing €2 billion for the first time and net income reaching €51.6 million.
The company doubled revenue and quadrupled profitability compared to the same period a year earlier, all while maintaining a nearly flat headcount. Cash generation remained robust, attributed to a 22-day cash-to-cash cycle and a zero-debt balance sheet. Strong demand for AI infrastructure, servers, smartphones, and premium retail products drove growth, though supply constraints continue to limit expansion.
Revenue for the nine months hit €5.1 billion, reflecting broad demand across ASBISc's portfolio. The interim dividend of $0.35 per share represented the highest payout in the company's history, and the stock surged 8.05% to $153 following the earnings release.
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