Italy’s probe card maker accelerates growth, forecasting €1.05 billion in 2026 revenue after Q1 earnings beat expectations.
Technoprobe shares jumped 36% on Friday after reporting record Q1 results and pulling forward its 2027 revenue targets. Revenue rose 19% year-on-year to €187 million, while EBITDA surged 44.2% to €69.2 million, driven by strong demand for AI semiconductor testing equipment.
The company had previously targeted €900 million in sales by 2027 but now expects to exceed €1.05 billion in 2026, with EBITDA margins of 44% to 46%. Technoprobe, the world’s leading probe card producer, benefits from the AI chip manufacturing boom led by firms like Nvidia and AMD.
The earnings beat and upgraded guidance triggered the stock’s largest single-day gain, reflecting investor confidence in its growth trajectory amid broader European tech sector volatility.