Soitec Reports Fy'24 Third Quarter Revenue [Yahoo! Finance]
SILICON ON INS UNSP/ADR (SLOIY)
NASDAQ:AMEX Investor Relations:
aip.scitation.org/doi/abs/10.1063/1.1558223
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Source: Yahoo! Finance
Inventory correction by our direct customers continued to weigh on Mobile communications Strong growth maintained in Automotive & Industrial and sequential rebound achieved in Smart devices revenue First nine months of FY'24 revenue reached €641m, down 14% both on a reported basis and at constant exchange rates and perimeter FY'24 revenue guidance revised: revenue expected to be down around 10% year-on-year at constant exchange rates and perimeter, and EBITDA margin around 34%. Our $2.1bn revenue ambition initially modeled for FY'26, will be postponed by around one year due to a weaker smartphone market than previously expected Bernin (Grenoble), France, February 7 th , 2024 – Soitec (Euronext Paris), a world leader in designing and manufacturing innovative semiconductor materials, today announced consolidated revenue of 240 million Euros for the third quarter of FY'24 (ended December 31 st , 2023), down 13% on a reported basis compared with 274 million Euros achieved in th
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