Posts with tag: technology
US stock futures inch lower after Amazon disappoints, joining Google and other AI-focused Big Tech companies with weak projections.
Published on: February 07, 2025, 01:01 AM UTC
Microchip Technology (MCHP) missed Q4 revenue and EPS estimates, with weak revenue guidance for Q1. Inventory days rose to 266, indicating weak demand. Revenue declined 41.9% YoY to $1.03B, and analysts expect flat growth over the next 12 months. Explore our full research report to assess Microchip Technology's investment potential.
Published on: February 06, 2025, 11:07 PM UTC
AptarGroup reports Q4 earnings of $100.9 million, beating estimates. Revenue of $848.1 million fell slightly short of expectations. For the current quarter ending in March, AptarGroup expects per-share earnings to range from $1.11 to $1.19.
Published on: February 06, 2025, 11:05 PM UTC
Microchip's Q4 forecast falls short of estimates, with net sales and profit expectations below Wall Street's average due to weak automotive demand and excess inventory.
Published on: February 06, 2025, 11:05 PM UTC
Fortune Brands (FBIN) missed Q4 estimates with a 4.9% revenue decline and a 20.1% EPS miss. Despite a higher operating margin, EPS declined 15.2% over the past two years. Analysts expect 3.6% revenue growth and 20.6% EPS growth in the coming year.
Published on: February 06, 2025, 11:04 PM UTC
DeepSeek, a Chinese AI startup, has developed a model using less capital and inferior Nvidia chips, sending shockwaves through the stock market. JPMorgan identifies potential losers including Amphenol, Caterpillar, and Intel due to reduced training and inference costs, potentially shifting value to the application layer and infrastructure layer.
Published on: February 06, 2025, 11:00 PM UTC
Clearfield Inc. reports a $1.9 million loss for the first fiscal quarter. The company expects revenue in the range of $37 million to $40 million for the current quarter and $170 million to $185 million for the full year.
Published on: February 06, 2025, 10:10 PM UTC
Cloudflare reports Q4 loss of $12.8 million, topping Wall Street expectations. Revenue of $459.9 million also beats estimates.
Published on: February 06, 2025, 10:09 PM UTC
Take-Two Interactive beats earnings expectations with 72 cents per share, revenue misses at $1.37 billion. Full-year revenue projected between $5.55 billion and $5.65 billion.
Published on: February 06, 2025, 10:09 PM UTC
Mohawk Industries (MHK) beats Q4 earnings and revenue estimates. Earnings per share: $1.95 adj. Revenue: $2.64B. Zacks Consensus: EPS: $1.88, Revenue: $2.57B.
Published on: February 06, 2025, 10:09 PM UTC