ams OSRAM shares fall over 7% as Q4 outlook misses analyst expectations, overshadowing Q3 adjusted EBITDA beat.

Austrian-German lighting and semiconductor group ams OSRAM (SIX:AMS) experienced a more than 7% drop in its shares after forecasting fourth-quarter revenue and core profitability below analyst consensus. This weak outlook overshadowed a slightly better-than-expected adjusted EBITDA for the third quarter.