Infineon Technologies (OTCMKTS:IFNNY) Releases Earnings Results, Beats Estimates By $0.08 EPS

Infineon Technologies (OTCMKTS:IFNNY) released its quarterly earnings results on Tuesday. The technology company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08, MarketWatch Earnings reports. Infineon Technologies had a return on equity of 22.58% and a net margin of 19.17%.

Infineon Technologies Stock Up 9.0 %

Shares of OTCMKTS IFNNY opened at $36.22 on Thursday. Infineon Technologies has a 12-month low of $28.83 and a 12-month high of $44.46. The company has a quick ratio of 1.19, a current ratio of 1.93 and a debt-to-equity ratio of 0.29. The firm’s 50-day simple moving average is $32.75 and its 200 day simple moving average is $36.57. The company has a market cap of $47.30 billion, a price-to-earnings ratio of 14.55, a price-to-earnings-growth ratio of 0.81 and a beta of 1.85.

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor ICs; transceivers; SiC diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.