IFNNY Forex News

Infineon Q3 Results Drop, Cuts FY24 Revenue Outlook, To Cut Jobs; Stock Up

Infineon Q3 Results Drop, Cuts FY24 Revenue Outlook, To Cut Jobs; Stock Up

German semiconductor maker Infineon Technologies AG on Monday trimmed its fiscal 2024 revenue outlook and maintained margin view after reporting lower profit and revenues in its third quarter amid weak environment. The company further issued sequentially higher revenue and margin outlook for its fourth quarter...
RTTNews | 143 days ago