Infineon: Q2 EPS beat expectations
(CercleFinance.com) - The Infineon stock is pretty flat in Frankfurt this morning, after the group announced adjusted EPS that is down 8% at 24 cents for Q2 (to end-March), beating the consensus by two cents.
The margin of its segments contracted 0.4 point to 16.7% for sales that are up 8% at 1.98 billion euros, driven by the automotive and digital security solutions segments.
For the full-year, the semiconductor manufacturer confirms sales of 8 billion euros (plus or minus 2%), with a segment margin of 16% in the middle of this range.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The margin of its segments contracted 0.4 point to 16.7% for sales that are up 8% at 1.98 billion euros, driven by the automotive and digital security solutions segments.
For the full-year, the semiconductor manufacturer confirms sales of 8 billion euros (plus or minus 2%), with a segment margin of 16% in the middle of this range.
Copyright (c) 2019 CercleFinance.com. All rights reserved.