|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.89 - 28.52|
|52 Week Range||21.49 - 49.99|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||28.83|
|Forward Dividend & Yield||0.31 (1.12%)|
|Ex-Dividend Date||Feb 18, 2022|
|1y Target Est||42.00|
IFNNY vs. CRUS: Which Stock Is the Better Value Option?
(Bloomberg) -- With an industrywide boom in semiconductor sales running out of steam, the sector is dividing into two camps. Most Read from BloombergThis Is How China Could Hit Back Over Pelosi’s Taiwan VisitPelosi Poised to Land in Taiwan as China Rips ‘Provocative’ TripChina Warns Airlines to Avoid ‘Danger Zones’ Around TaiwanChip companies that cater to automakers, data centers and industrial firms are still trying to keep up with demand, while those exposed to consumer electronics are stuck
Infineon Technologies AG (OTC: IFNNY) reported third-quarter FY22 revenue growth of 33% year on year to €3.62 billion. Automotive revenue rose 41% to €1.7 billion; Industrial Power Control revenue grew by 6% Y/Y to €436 million; Power & Sensor Systems revenue rose 35% to €1.02 billion; Connected Secure Systems revenue rose 32% to €456 million. Adjusted gross margin expanded 360 basis points to 45.4%, and operating income rose 98.8% to €690 million. Adjusted EPS was €0.49 versus €0.27 last year.