Seeking Alpha

Infineon (IFX): FQ1 loss of €404M ($516M), better than the €547M loss analysts...

Infineon (IFX): FQ1 loss of €404M ($516M), better than the €547M loss analysts predicted. Sales fell 24% to €830M. Sees revenue down 10% sequentially. “Despite extremely challenging market conditions, our first quarter results held up reasonably well.” Shares +9.6% in Frankfurt. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)