Investing.com - Aixtron reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aixtron announced earnings per share of €0.28 on revenue of €130.8M. Analysts polled by Investing.com anticipated EPS of €0.2033 on revenue of €126.57M.
Aixtron shares are up 43.11% from the beginning of the year and are trading at €20.415 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Aixtron follows other major Information Technology sector earnings this month
Aixtron's report follows an earnings beat by SAP on October 21, who reported EPS of €1.74 on revenue of €6.85B, compared to forecasts EPS of €1.46 on revenue of €6.78B.
Software AG had beat expectations on October 21 with third quarter EPS of €0.3 on revenue of €198M, compared to forecast for EPS of €0.274 on revenue of €197.49M.
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