Tag: Infineon

07
May
2024

Infineon’s 2nd quarter results have been revised downward, the 3rd quarter outlook has been revised downward, and the outlook for 2024 has been revised downward.Step up program started

(RTTNews) – German semiconductor maker Infineon Technologies AG (IFNNY) on Tuesday reported a 52% decline in second-quarter profit to 394 million euros from 826 million euros a year earlier. Earnings per share decreased to 0.30 euros from 0.63 euros in the same period last year. Adjusted earnings per share amounted to €0.42 (previous year: €0.69).