Infineon Technologies AG ADR

IFNNY: OTCM (USA)
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Infineon Earnings: AI Optimism Offsetting Mild EV Softness; Maintain EUR 43 Fair Value Estimate

Infineon Technologies reported fiscal first-quarter revenue of EUR 3.66 billion, down 7% sequentially but up 7% year over year and ahead of guidance. Infineon expects March-quarter revenue to be EUR 3.8 billion, up 6% year over year and 4% sequentially but slightly below FactSet consensus estimates.

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