ams OSRAM Shares Drop 5.7% Despite Revenue Beat on Profitability, Guidance Concerns

ams OSRAM reported a modest revenue beat for Q3 2026 and said adjusted EBITDA came in above the midpoint of guidance, but the shares fell 5.72% in pre-market trading to $15.81 from $16.77. Revenue reached EUR 829 million, above the EUR 817.73 million forecast, while the company said its core semiconductor portfolio grew 3% on a like-for-like basis. The company did not provide EPS in the data available. Management pointed to stronger Opto Semiconductors performance, a healthier balance sheet afte