[ad_1] Keysight Applied sciences, Inc. (NYSE: KEYS), a supplier of check and measurement tools, reported monetary outcomes for the third quarter of 2023. At $1.38 billion, third-quarter income was broadly unchanged from final yr; and grew 1% on a core foundationQ3 internet revenue was $288 million or $1.61 per share, in comparison with $338 million or $1.87 per share in the identical quarter of 2022Adjusted internet revenue rose to $393 million or $2.19 per share in Q3 from $363 million or $2.01 per share final yrAs of July 31, 2023, Keysight had money and money equivalents totaling $2.57 billionWanting forward,…
Author: Staff Correspondent
[ad_1] Key highlights from Agilent Applied sciences Inc (A) Q3 2023 Earnings Concall Administration Replace: [00:04:02] A stated it now expects core development for the complete yr to be round 1%, down from its earlier information of three%. [00:04:10] The corporate is just not assuming any enchancment within the China marketplace for the rest of the yr. Q&A Highlights: [00:20:13] Matt Sykes at Goldman Sachs requested if the slowdown in China’s pharma market is transitory or structural, and what are the aggressive challenges that A is going through within the area. Mike McMullen CEO stated that the slowdown in China’s…
[ad_1] Key highlights from Illumina, Inc (ILMN) Q2 2023 Earnings Concall Administration Replace: [00:07:42] ILMN now expects to ship greater than 390 NovaSeq X devices this 12 months, up from the 330 it had beforehand anticipated for the 12 months. [00:09:22] ILMN’s stated its TruSight Oncology assay, TSO 500, is on observe to exceed greater than $100 million in 2023 income. Q&A Highlights: [00:28:47] Puneet Souda with Leerink Companions requested about NovaSeq discipline challenges which can be impacting the market, and the way it will have an effect on installs in 3Q and 4Q of 2023 and past. Charles Dadswell…
[ad_1] Shares of Take-Two Interactive Software program, Inc. (NASDAQ: TTWO) had been up over 1% on Friday. The inventory has gained 34% year-to-date. Earlier this week, the corporate delivered blended outcomes for its first quarter of 2024. Listed here are a couple of factors to bear in mind if you’re contemplating this gaming firm: Income and profitability Take-Two delivered income development however its losses widened year-over-year. In Q1 2024, internet income elevated 17% YoY to $1.28 billion. Internet bookings grew 20% to $1.20 billion, coming on the excessive finish of the corporate’s steerage vary. Recurrent client spending, which incorporates in-game…
[ad_1] The Walt Disney Firm (NYSE: DIS) this week reported blended outcomes for the third quarter when its earnings declined regardless of modest income progress, and the core media & leisure enterprise skilled weak spot. After initiating an organizational restructuring to streamline the enterprise, the administration is mountain climbing subscription charges to enhance margins and launching a crackdown on password sharing. The Burbank-headquartered leisure behemoth’s inventory gained quickly after the earnings announcement on Wednesday night and maintained momentum within the following session. Nonetheless, DIS has been among the many worst-performing shares this yr because it struggled to regain the misplaced…
[ad_1] Take-Two Interactive Software program, Inc. (NASDAQ: TTWO) on Tuesday introduced outcomes for the primary quarter of 2024, reporting a rise in revenues. June-quarter revenues rose 17% yearly to $1.28 billion. Internet bookings elevated to $1.2 billion in Q1 from $1.0 billion within the corresponding interval of final yr. The corporate reported a web lack of $206.0 million or $1.22 per share for the primary three months of 2024, in comparison with a lack of $104.0 million or $0.76 per share final yr. EBITDA was $64.5 million, vs. $52.2 million within the first quarter of 2023. “We had a powerful…
[ad_1] Residence equipment firm Whirlpool Corp. (NYSE: WHR) has reported a pointy fall in adjusted earnings for the second quarter of 2023, reflecting a 6% decline in web gross sales. At $4.79 billion, second-quarter web gross sales had been down 6% from the year-ago interval. All geographical segments, besides Latin America, skilled weak point in the course of the interval. Ongoing earnings, which symbolize revenue excluding particular gadgets, dropped 30% yearly to $4.21 per share in Q2. On an unadjusted foundation, the corporate reported web revenue of $85 million or $1.55 per share, in comparison with a lack of $371…
[ad_1] Power firm EOG Sources, Inc. (NYSE: EOG) has reported a decline in revenues and adjusted revenue for the second quarter of 2023. Second-quarter revenue declined to $1.55 billion or $2.66 per share from $2.24 billion or $3.81 per share within the year-ago quarterOn an adjusted foundation, June quarter internet revenue was $2.49 per share, decrease than the $2.74 per share earnings reported a 12 months earlierThe corporate posted complete revenues of $5.57 billion for the June quarter, in comparison with $7.41 billion final 12 monthsEOG generated $1.0 billion of free money movement in Q2 and declared a daily quarterly…
[ad_1] Key highlights from Apple Inc. (AAPL) Q3 2023 Earnings Concall Administration Replace: [00:01:46] The corporate noticed robust leads to rising markets, pushed by sturdy gross sales of iPhone. [00:02:13] AAPL set an all-time income report in providers, pushed by greater than 1 billion paid subscriptions. [00:11:28] Apple doubled its preliminary dedication to the Racial Fairness and Justice Initiative to greater than $200 million. [00:22:09] AAPL mentioned FX will proceed to be a headwind, and Apple expects a adverse year-over-year income impression of over 2 share factors. [00:22:16] Apple expects iPhone and providers year-over-year efficiency to speed up from the…
[ad_1] Key highlights from Superior Micro Units Inc (AMD) Q2 2023 Earnings Concall Administration Replace: [00:02:41] AMD stated its AI section income grew by greater than 7 occasions sequentially, pushed by the launch of the Intuition MI300X GPU. [00:13:29] AMD is executing effectively in opposition to its strategic priorities and expects the PC market to develop seasonally in 2H23. [00:20:30] AMD expects the shopper section to return to profitability in 3Q. Q&A Highlights: [00:22:53] Matt Ramsay of TD Cowen requested how is AMD planning to attain its purpose of rising its Information Middle enterprise by 50% in 2H23, and the…