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# Infineon Meets Financial Expectations & Comments on Cypress Acquisition

July 31, 2019 by Paul Shepard

Infineon Technologies AG has reported results for the third quarter of the 2019 fiscal year (period ended 30 June, 2019) including: Revenue of €2,015 million; Segment Result of €317 million; Segment Result Margin of 15.7 percent. The company also reported:

#### Outlook for the 2019 fiscal year

Based on the first three quarters and expectations for the fourth quarter, Infineon confirms its revenue expectation of €8.0 billion for the 2019 fiscal year. Revenue in the previous fiscal year totaled €7.6 billion. Revenue is therefore likely to grow by a bit above 5 percent year-on-year. This forecast is based on an assumed EUR/USD exchange rate of 1.15. The Segment Result Margin is expected to come in at 16 percent.