Melexis NV

MELE: XBRU (BEL)
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Melexis Earnings: Design Wins Remain Strong Despite Cycle Trough; Upside Requires Patience

Melexis reported sales of EUR 215 million in the third quarter, in line with guidance, and expects to close 2025 with an overall sales decline of 10% due to the ongoing automotive chip correction.

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