Aixtron Earnings, Revenue miss In Q1

  • Investing.com
Aixtron Earnings, Revenue miss In Q1
Credit: © Reuters.

Investing.com - Aixtron reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Aixtron announced earnings per share of €-0.01 on revenue of €40.96M. Analysts polled by Investing.com anticipated EPS of €0.08 on revenue of €70M. That with comparison to EPS of €0.08 on revenue of €68.66M in the same period a year before.Aixtron had reported EPS of €0.11 on revenue of €75.1M in the previous quarter.Analysts are expecting EPS of €0.08 and revenue of €64.9M in the upcoming quarter.

Aixtron shares are down 0.35% from the beginning of the year and are trading at €8.498 , down-from-52-week-high.They are broadly in line with the EUR/USD which is down 0% year to date.

Aixtron follows other major Technology sector earnings this month

Aixtron's report follows an earnings missed by SAP on Tuesday, April 21, 2020, who reported EPS of €0.85 on revenue of €6.52B, compared to forecasts EPS of €0.93 on revenue of €6.51B.

Sartorius AG had beat expectations on Tuesday, April 21, 2020 with first quarter EPS of €0.83 on revenue of €509.9M, compared to forecast for EPS of €0.81 on revenue of €485.26M.

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