Monday, April 18, 2011

Infineon Sees Strong Quarter

Infineon Technologies AG pre-announced better-than-expected financial results for its second quarter of the 2011 fiscal year. Infineon now expects revenues of Euro 994 million, up from Euro 922 million in the previous quarter, and a Total Segment Result margin of 20 percent.

In the outlook for the second quarter of the fiscal year 2011 that was published on February 1, 2011, Infineon expected revenues to be up slightly compared to the first quarter of the fiscal year, with Total Segment Result margin of 18 to 20 percent.

For the third quarter of the 2011 fiscal year, Infineon expects revenues and Total Segment Result margin at the level of the second quarter.

Final results will be published on May 3, 2011.

See also