Photronics Down 10% After Q2, CEO Cautions Slower Recovery In Order Rate, Taiwan Earthquakes
Photronics shares plummet 10% after Q2 report; CEO cites slower order rate recovery post Lunar New Year and Taiwan earthquakes impacting production.
Nordson Analysts Slash Their Forecasts After Q2 Results
Nordson Corporation (NASDAQ:NDSN) reported mixed second-quarter earnings and issued soft third-quarter revenue guidance, after the closing bell on…
Synopsys Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Synopsys, Inc. (NASDAQ:SNPS) is set to release earnings results for its second quarter, after the closing bell on…
Kingsoft Cloud’s Q1 Revenue Dip: AI Demand Drives Public Cloud Growth Amid Enterprise Challenges
Kingsoft Cloud Holdings reports lower revenue and increased adjusted gross profit. Kingsoft held $250.9 million in cash and equivalents as of March-end.
Analog Devices Beats On Q2 As Inventory Rationalization Takes Effect, CEO Predicts Cyclical Recovery And Growth In AI Investments
Analog Devices saw a 34% decline in revenue but still beat analyst estimates with an adjusted EPS of $1.40. CEO Vincent Roche is optimistic about a return to growth in the third quarter due to inventory stabilization and new orders. ADI expects third-quarter revenue of $2.27 billion and adjusted EPS of $1.50.
Will Nvidia Fill Biggest Piece Of AI Monetization Puzzle With Q1 Earnings? Tech Bull Says ‘Party’s Just Getting Started With The Popcorn Getting Ready’
Nvidia's earnings report is seen by the Street as the litmus test of how the AI revolution is shaping up and an analyst says it is getting entrenched.
US Stocks Mixed; Target Posts Downbeat Earnings
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 20 points on Wednesday. Following…
Why Is Pet Care Focused Petco Stock Trading Higher On Wednesday?
Petco Health and Wellness reported Q1 2024 net revenue of $1.53 billion, nearly matching consensus and management guidance. Comparable sales dropped 1.2% yoy.
Alibaba Rival PDD’s Explosive Growth Continues, Revenue More Than Doubles
PDD Holdings Inc (NASDAQ: PDD) reported 131% revenue growth, beating analyst estimates. Adjusted earnings and operating profit also exceeded expectations.
Vipshop Holdings Q1 Revenue Misses Estimate; Plans To Repurchase Stock Worth $500M By Year-end
Vipshop Holdings reports mixed Q1 results with revenue miss but beats EPS estimates, while announcing a share repurchase program.