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Sensor maker ams OSRAM posts slight beat in quarterly revenue

By Reuters News

Nov 13 (Reuters) - Austrian semiconductor supplier ams OSRAM reported quarterly sales slightly above market expectations on Friday, helped by its strong optoelectronic semiconductors business.

The company posted revenue of €829 million ($917 million) for the third quarter, down from €853 million a year ago but ahead of analysts' forecast of €821 million in a poll compiled by Vara Research.

($1 = 0.9042 euros)

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