AIXTRON (ETR:AIXA) Second Quarter 2024 Results

Key Financial Results

• Revenue: €131.8m (down 24% from 2Q 2023).

• Net income: €11.1m (down 73% from 2Q 2023).

• Profit margin: 8.4% (down from 23% in 2Q 2023). The decrease in margin was driven by lower revenue.

• EPS: €0.10 (down from €0.36 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

AIXTRON Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany.

Performance of the German Semiconductor industry.

The company's shares are up 1.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - AIXTRON has 3 warning signs (and 1 which is potentially serious) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]