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Article: Infineon Reports Fiscal Year 2003 and Fourth Quarter Results.
- Article from:
- Business Wire
- Article date:
- November 10, 2003
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Business Editors
MUNICH, Germany--(BUSINESS WIRE)--Nov. 10, 2003
Infineon Technologies AG (NYSE:IFX) (FWB:IFX):
-- Infineon achieved profitability after nine quarters of net
losses; in the 2003 fourth quarter, net income amounted to
Euro 49 million, EBIT increased to Euro 67 million, and
revenues were Euro 1.76 billion - up 37 percent year-on-year