Aixtron reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aixtron announced earnings per share of €-0.01 on revenue of €40.96M. Analysts polled by anticipated EPS of €0.08 on revenue of €70M. That with comparison to EPS of €0.08 on revenue of €68.66M in the same period a year before. Aixtron had reported EPS of €0.11 on revenue of €75.1M in the previous quarter. Analysts are expecting EPS of €0.08 and revenue of €64.9M in the upcoming quarter.
Aixtron shares are down 0.35% from the beginning of the year , still down 26.68% from its 52 week high of €11.59 set on February 12. They are broadly in line with the EUR/USD which is down 0% year to date.
Aixtron follows other major Technology sector earnings this month
Aixtron's report follows an earnings missed by SAP on April 21, who reported EPS of €0.85 on revenue of €6.52B, compared to forecasts EPS of €0.93 on revenue of €6.51B.
Sartorius AG had beat expectations on April 21 with first quarter EPS of €0.83 on revenue of €509.9M, compared to forecast for EPS of €0.81 on revenue of €485.26M.
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