Apple sensor supplier AMS shares jump on raised growth outlook

8 years ago
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https://finance.yahoo.com/news/apple-component-supplier-ams-doubles-071835902.html

AMS raised its compound annual revenue growth rate forecast for 2016-2019 to 60 percent from 40 percent. The new forecast mean 2019 revenues are now expected to be more than 2.2 billion euros, well above analyst expectations of 1.8 billion euros.

The Swiss-listed group supplies optical sensors that help adjust the brightness and colours on phone screens and can help with features like facial recognition.