Tag: $Siemens

Siemens earnings beat estimates on strong demand for electrification, software

German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.

Siemens shares slide over 5.5% on profit drop, slowing automation division

Shares in German technology giant Siemens fell by over 5% on Thursday after the company posted a decline in earnings in the fiscal second quarter and said its automation division had slowed.