Tuesday, November 14, 2017

Infineon Q4 Segment Result Climbs, Sees Revenue Growth In FY18; Stock Up

Chipmaker Infineon Technologies AG reported Tuesday a lower net profit in its fourth quarter, while segment results climbed from last year on higher revenues in all segments. Further, the company lifted its dividend, and said it expects higher revenues in fiscal 2018. Infineon shares were gaining around 5 percent in the morning trading in Germany.

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