Melexis posts in-line Q3 results, maintains H2 guidance

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 guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The company's adjusted earnings per share came in at €0.78, slightly below the consensus estimate of €0.83. Gross margin reached 40.7%, essentially in line with expectations of 40.8%. Melexis maintained its second half 2026 revenue guidance of €445-455 million, with the midpoint of €450 million slightly below the consensus estimate of €451.