Infineon Technologies reports second-quarter results

Research and development company Infineon Technologies has announced revenues and a Total Segment Result for the second quarter of the 2011 fiscal year that are better than expected.

For the second quarter of the 2011 fiscal year, Infineon expects revenues of €994m, up from €922m in the previous quarter, and a Total Segment Result margin of 20 per cent.

In the outlook for the second quarter of fiscal year 2011, which was published 1 February 2011, Infineon expected revenues to be up slightly compared to the first quarter of the fiscal year, with Total Segment Result margin of 18 to 20 per cent.

For the third quarter of the 2011 fiscal year, Infineon expects revenues and Total Segment Result margin to resemble those of the second quarter.