Technoprobe narrowed its full-year 2026 revenue forecast to between €1.05 billion and €1.07 billion, down from its prior outlook range of €1.05 billion to €1.10 billion; management cited customer delivery timing in mobile consumer electronics.
Nine-month EBITDA jumps 158% to €376.3 million on AI demand
"Our core profit (EBITDA) for the nine months ended September 30 jumped 158% to €376.3 million, supported by applications related to artificial intelligence and data center infrastructure," the company stated in financial results reported by Reuters and Global Banking & Finance Review. The Italian firm produces advanced probe cards used to test complex microchips before packaging, and demand for probe cards tied to high-bandwidth memory and custom AI server processors surged during the first three quarters. Core earnings grew at more than double the pace of revenue, reflecting operating leverage across its specialized manufacturing plants, and Technoprobe has invested heavily in expanding cleanroom automation to support leading-edge semiconductor foundries.
However, management struck a cautious note regarding the smartphone and personal computing end markets, as traditional chip testing volumes have recovered at a slower pace than data center lines; the revised full-year forecast represents a mild reduction of approximately 2.7% at the top end of guidance. Still, full-year revenues will cross the €1 billion milestone for the first time in company history.
Technoprobe competes with U.S.-based FormFactor in the high-end probe card market, and both suppliers have seen backlog expand rapidly as foundries ramp next-generation manufacturing nodes. Trading in European technology shares remained volatile on Wednesday following the update. Analysts noted that long-term capital spending commitments from hyperscale cloud operators support solid probe card demand into 2027. Technoprobe plans to update capital expenditure guidance early next year.
