ams AG provided earnings guidance for the fourth quarter of 2014 and revenue guidance for the first quarter of 2015. The company pre-announced fourth quarter 2014 revenues of EUR 139.0 million, above the upper end of revenue guidance of EUR 133 to EUR 138 million, and first quarter 2015 revenues expected to grow quarter-on-quarter contrary to typical seasonality. At the same time, ams sees fourth quarter 2014 operating profitability impacted by a faster-than-expected addition of over 40 design engineers and an additional design center as well as two one-time effects.

As a consequence, fourth quarter 2014 operating (EBIT) margin is expected to be around 23%, below previously communicated guidance.