Investing.com - Aixtron reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aixtron announced earnings per share of €0.16 on revenue of €102.5M. Analysts polled by Investing.com anticipated EPS of €0.12 on revenue of €93M.
Aixtron shares are up 46.73% from the beginning of the year and are trading at €26.220 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Aixtron follows other major Information Technology sector earnings this month
Aixtron's report follows an earnings missed by SAP on Thursday, July 21, 2022, who reported EPS of €0.96 on revenue of €7.52B, compared to forecasts EPS of €1.06 on revenue of €7.33B.
Software AG had missed expectations on Wednesday with second quarter EPS of €0.38 on revenue of €226.9M, compared to forecast for EPS of €0.4151 on revenue of €227.17M.
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