Infineon reported strong Q1 result, especially at the profitability level which beat consensus estimates. The company Q2 20 guidance was a bit soft, but the main point of interest is the broader picture of the company, which maintained both growth and profitability assumptions for 2020, implying a back-end loaded year.
05 Feb 2020
Q1: good profitability, global picture getting brighter
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Q1: good profitability, global picture getting brighter
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
05 Feb 2020 -
Author:
Hugo Paternoster -
Pages:
3
Infineon reported strong Q1 result, especially at the profitability level which beat consensus estimates. The company Q2 20 guidance was a bit soft, but the main point of interest is the broader picture of the company, which maintained both growth and profitability assumptions for 2020, implying a back-end loaded year.