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HomeTechSiltronic Q3 revenue rises 1.7%

Siltronic Q3 revenue rises 1.7%

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(Reuters) – German semiconductor materials supplier Siltronic reported a 1.7% jump in third-quarter sales on Thursday, due to an increase in wafer area sold.

The company, which makes silicon wafers used in semiconductor chips, posted revenue of 357.3 million euros ($385.6 million) for the quarter, compared with 349.1 million euros a year earlier, exceeding analysts’ forecast of 342.5 million euros according to LSEG.

($1 = 0.9266 euros)

(Reporting by Ozan Ergenay in Gdansk)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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