AIXTRON SE (ADR) (AIXG) Releases Earnings Results, Misses Expectations By $-0.04 EPS

AIXTRON SE (ADR) (AIXG) reported quarterly earnings results on Tuesday, Apr-26-2016. The company reported $-0.14 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $-0.10. The company posted revenue of $21.40 million in the period, compared to analysts expectations of $34.28 million. The company’s revenue was down -46.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.

AIXTRON SE (ADR) closed down -0.01 points or -0.21% at $4.73 with 14,966 shares getting traded on Friday. Post opening the session at $4.73, the shares hit an intraday low of $4.7 and an intraday high of $4.82 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Aixtron SE is a provider of deposition equipment to the semiconductor and compound-semiconductor industry. The Company’s technology solutions are used by a diverse range of customers to build advanced components for electronic and opto-electronic applications based on compound silicon or organic semiconductor materials. Such components are used in fiber optic communication systems wireless and mobile telephony applications optical and electronic storage devices computing signaling and lighting and displays. Its business activities include developing producing and installing equipment for coating semiconductor materials commercialization of encapsulation technology for OLEDs (organic light-emitting diodes) process engineering consulting training and ongoing customer support. The Company supplies to customers both full production-scale complex material deposition systems and small scale systems for the Research and Development (R&D) use and small-scale production use.


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