- BNP Paribas has upgraded Aixtron (AIXG) to Outperform 3 days after the German LED/chip equipment maker posted a Q2 miss.
- In spite of the miss, Aixtron reiterated full-year revenue guidance of €220M-€250M. The company also reported its order backlog (pressured in recent quarter by soft LED capex) rose 15% Q/Q and 37% Y/Y to €91.2M, and that it's seeing "strong interest" in the OLED manufacturing equipment obtained through the PlasmaSi acquisition.