Infineon reported quite good Q3 results with revenues growing by 6% seqentially and yoy, boosted all divisions. The operating margin was boosted seqentially mainly thanks to the Industrial Power Control and Power Management & Multimarket divisions. Following these robust results, Infineon expects Q4 revenue growth to be about 3% and the Q4 operating margin to reach about 19%. The upper range of guidance is expected for revenues and a higher operating margin (17.5% vs 17%).
01 Aug 2018
Good results justify a FY guidance upward revision
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Good results justify a FY guidance upward revision
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
01 Aug 2018 -
Author:
Marc Laubel -
Pages:
2
Infineon reported quite good Q3 results with revenues growing by 6% seqentially and yoy, boosted all divisions. The operating margin was boosted seqentially mainly thanks to the Industrial Power Control and Power Management & Multimarket divisions. Following these robust results, Infineon expects Q4 revenue growth to be about 3% and the Q4 operating margin to reach about 19%. The upper range of guidance is expected for revenues and a higher operating margin (17.5% vs 17%).