Infineon Technologies Q3 Adj. EPS $0.51 Beats $0.48 Estimate, Sales $4.850B Beat $4.690B Estimate

Infineon Technologies (OTC:IFNNY) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.48 by 6.25 percent. This is a 21.43 percent increase over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $4.850 billion which beat the analyst consensus estimate of $4.690 billion by 3.41 percent. This is a 15.48 percent increase over sales of $4.200 billion the same period last year.