Investing.com - Aixtron reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Aixtron announced earnings per share of €0.12 on revenue of €88.59M. Analysts polled by Investing.com anticipated EPS of €0.1175 on revenue of €90.17M.
Aixtron shares are up 31.79% from the beginning of the year and are trading at €23.550 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Aixtron shares lost 100.00% in pre-market trade the report.
Aixtron follows other major Information Technology sector earnings this month
Aixtron's report follows an earnings missed by SAP on April 22, who reported EPS of €1 on revenue of €7.08B, compared to forecasts EPS of €1.16 on revenue of €6.89B.
Nemetschek AG had beat expectations on April 28 with first quarter EPS of €0.37 on revenue of €192.2M, compared to forecast for EPS of €0.3325 on revenue of €186.72M.
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