Infineon Technologies (OTCMKTS:IFNNY) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Infineon Technologies (OTCMKTS:IFNNY) posted its quarterly earnings results on Tuesday. The technology company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.03, Zacks reports. The firm had revenue of $4.31 billion for the quarter. Infineon Technologies had a net margin of 8.64% and a return on equity of 14.25%. Infineon Technologies updated its Q1 2025 guidance to EPS.

Infineon Technologies Price Performance

Shares of OTCMKTS IFNNY traded down $1.67 during trading hours on Thursday, hitting $31.13. 234,325 shares of the stock were exchanged, compared to its average volume of 271,078. Infineon Technologies has a one year low of $30.06 and a one year high of $42.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.08. The company’s 50 day moving average is $32.85 and its 200 day moving average is $35.69.

Analysts Set New Price Targets

Several brokerages have issued reports on IFNNY. Citigroup raised shares of Infineon Technologies to a “strong-buy” rating in a research note on Thursday, October 10th. New Street Research raised Infineon Technologies to a “strong-buy” rating in a research note on Monday, September 9th.

Infineon Technologies Company Profile

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