Infineon Technologies (IFNNY) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Infineon Technologies (OTCMKTS:IFNNY) announced its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.02), Morningstar.com reports. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.08 billion. Infineon Technologies had a return on equity of 18.75% and a net margin of 11.55%.

Shares of Infineon Technologies (OTCMKTS:IFNNY) traded down $0.07 during trading on Thursday, reaching $27.49. 61,297 shares of the company’s stock traded hands, compared to its average volume of 226,478. The company has a market cap of $30,379.84, a price-to-earnings ratio of 33.57, a PEG ratio of 4.60 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.32 and a quick ratio of 1.73. Infineon Technologies has a 12-month low of $17.72 and a 12-month high of $31.15.

The business also recently announced a None dividend, which will be paid on Tuesday, March 6th. Investors of record on Monday, February 26th will be given a dividend of $0.283 per share. This represents a yield of 0.00963568266939053%. The ex-dividend date of this dividend is Friday, February 23rd. Infineon Technologies’s dividend payout ratio (DPR) is currently 26.83%.

IFNNY has been the topic of a number of research analyst reports. Goldman Sachs Group upgraded shares of Infineon Technologies from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research cut shares of Infineon Technologies from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 18th.

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Infineon Technologies Company Profile

Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.

Earnings History for Infineon Technologies (OTCMKTS:IFNNY)

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