Melexis posts in-line Q3 results, maintains H2 guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Melexis NV (EBR:MLXS) on Wednesday reported third quarter revenue of €224 million, matching analyst consensus estimates of €224 million, as the semiconductor company navigates normalized customer inventories while gaining traction in new applications. Still…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralResults and guidance are broadly in line with consensus, with no major surprise for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third quarter revenue was 224 million euros, matching analyst consensus.
- 02Adjusted earnings per share came in at 0.78 euros, slightly below the 0.83 euro consensus.
- 03Gross margin reached 40.7%, essentially in line with expectations of 40.8%.
- 04Melexis maintained its second half 2026 revenue guidance of 445-455 million euros.
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