Jenoptik Down for Year’s First Half, Reports $389.9M in Revenue
JENA, Germany, Aug. 6, 2020 — Jenoptik concluded the first half of its year with a reported revenue of €329 million ($389.9 million), a year-over-year decrease of 14.1%. For the quarter, the company’s revenue dropped 17.4% to €164.6 million ($194.3 million). Compared to 2019, earnings per share fell 56.6% for the six-month period ending in June 2020, and 22.8% for the quarter. Quarterly earnings per share reached €0.19 ($0.23). “After a solid start to the year, the second quarter has