Investing.com - Aixtron reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Aixtron announced earnings per share of €0.07 on revenue of €64.14M. Analysts polled by Investing.com anticipated EPS of €0.07 on revenue of €71.46M.
Aixtron shares are up 37% from the beginning of the year and are trading at €9.732 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 17.81% from the start of the year.
Aixtron follows other major Technology sector earnings this month
Aixtron's report follows an earnings beat by SAP on Monday, who reported EPS of €1.32 on revenue of €6.54B, compared to forecasts EPS of €1.3 on revenue of €6.86B.
Sartorius AG VZO had beat expectations on October 20 with third quarter EPS of €1.27 on revenue of €623.2M, compared to forecast for EPS of €1.13 on revenue of €598.73M.
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