IFNNY - Infineon Technologies reports FQ3 earnings; raises FY22 guidance and issues Q4 guidance

• Infineon Technologies AG press release ( OTCQX:IFNNY ): FQ3 Non-GAAP EPS of €0.49.
• Revenue of €3.62B (+9.7% Y/Y).
• Outlook for Q4 FY 2022 : Revenue of around €3.9 billion is predicted. On this basis, the Segment Result Margin is expected to be about 25 percent.
• Outlook for FY 2022: Based on the outlook for Q4 FY 2022, revenue for the full 2022 fiscal year is expected to reach around €14 billion (previous forecast: €13.5 billion). On this basis, the Segment Result Margin is expected to exceed 23 percent (previously expected to exceed 22 percent). Investments of around €2.4 billion are planned (unchanged). Free Cash Flow is expected to reach about €1.4 billion (previous forecast: about €1.1 billion)

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