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ELMOS Semiconductor Q2 Profit Rises; Confirms Full-year Outlook - Update

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

(Adds Outlook)

ELMOS Semiconductor AG (EMOMF.PK) has reaffirmed its annual sales outlook of 605 million euros plus or minus 25 million euros, and an operating EBIT margin of 25 percent plus or minus 2 percentage points of sales.


Q2 Results:

ELMOS Semiconductor revealed a profit for its second quarter that increased from last year

The company's bottom line totaled Euro24.3 million, or Euro1.42 per share. This compares with Euro23 million, or Euro1.34 per share, in last year's second quarter.

The company's revenue for the quarter rose 4.4% to Euro142 million from Euro136 million last year.

ELMOS Semiconductor AG earnings at a glance (GAAP) :

-Earnings (Q2): Euro24.3 Mln. vs. Euro23 Mln. last year.
-EPS (Q2): Euro1.42 vs. Euro1.34 last year.
-Revenue (Q2): Euro142 Mln vs. Euro136 Mln last year.

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