Advantest Corp Sp/Adr (ATEYY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. First, I'll present a summary of the financial results for this period, as shown on slide 3 of the presentation. We are pleased to report that our Q3 results exceeded our internal projections set in October, delivering a new record for quarterly sales. Thanks to demand pull-in for SoC and memory test systems serving AI-related applications, the temporary digestion we had anticipated did not occur, resulting in stronger than expected top-line performance. The results of the third quarter exceeded our expectations at the time of October, and we announced the highest sales in the past as a quarter. Due to the demand for AI-related SOCs and memory test systems, we shifted from the adjusted area we had anticipated and landed at a level that exceeded our expectations. Q3 operating income and net income also outperformed projections, supported by product mix improvement and only moderate increases in SG&A. given this solid performance through the first nine months period and solid visibility into q4 we are raising our full year fy 2025 guidance as follows sales of 1.07 7 trillion yen operating income of 454 billion yen net income of 328.5 billion yen and eps of 452.34 yen We will correct the information by saying that the business performance progress of the 9-month period up to the 3rd quarter and the 4th quarter are both good, and that the business performance forecast for the 2nd quarter of 2025 is 1.7 billion yen, the operating profit is 4540 billion yen, the current profit is 3285 billion yen, and the basic profit per share is 452.34 yen. Looking ahead, with AI-related demand remaining strong, we anticipate sustained growth in the tester market in calendar year 2026. We continue to advance our capacity expansion initiatives to meet robust demand in our ...