SINGAPORE (Aug 15): AEM Holdings, the provider of equipment systems solutions and manufacturing services, reported record high revenue and earnings for 2Q19.
Earnings for 2Q19 ended June hit an all-time high of $15.7 million, 65.4% higher than the $9.5 million the preceding year. Revenue also surged 34.8% to a high of $97.9 million, due largely to the Equipment Systems Solutions (ESS) business.
AEM says its stellar 2Q19 performance was the result of a major customer ordering more test handlers in anticipation of its own product launch roadmap.
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