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Breakings ·  May 22 23:53
Comparable sales of semiconductor company Soitec (SOI.FP) fell 2% in the fourth fiscal quarter. Revenue for the fourth fiscal quarter was 337 million euros, and analysts expected 334.5 million euros. Recurring operating profit for the year was 208 million euros, and analysts expected 206.1 million euros. The gross profit margin for the full year was 34%, and analysts expected 35.3%. Revenue for the year was 978 million euros, and analysts expected 987.1 million euros. Confirmation of FY2025 results guidance. The company entered into a strategic partnership with Tokai Carbon to develop polysilicon carbide substrates for Soitec SmartSICTM wafers.

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