Super Micro shares plunged by 15% in after-hours trading following the release of its fiscal third-quarter results that fell slightly below expectations. Despite providing an optimistic outlook for its top-line performance, the server maker’s revenue of $3.85 billion missed the mark, with analysts anticipating $3.95 billion. Despite the revenue miss, Super Micro reported adjusted earnings
Earnings
When Amazon reports its first-quarter earnings after the bell on Tuesday, analysts are expecting some notable figures. According to LSEG, anticipated earnings per share are 83 cents with revenue expected to reach $142.5 billion. Wall Street is particularly attentive to a few key numbers, such as Amazon Web Services revenue projected to hit $24.5 billion,
Samsung Electronics announced on Tuesday that its operating profit for the first quarter had skyrocketed by 932.8% as memory chip prices rebounded due to a surge in AI optimism. The company’s revenue for the quarter reached 71.92 trillion Korean won, equivalent to about $52.3 billion, surpassing LSEG estimates. Operating profit also exceeded expectations, totaling 6.61
Alphabet’s first-quarter report for the year has left investors impressed with sales, operating margin, and profits all exceeding Wall Street expectations. Total revenue in the period rose by 15.4% year over year to $80.54 billion, surpassing the estimated $78.59 billion. Earnings per share also saw significant growth of 62% annually to $1.89, exceeding the expected
Bristol Myers Squibb recently released its first-quarter financial report, revealing a mixture of positive and negative results. While the company reported revenue that exceeded expectations thanks to strong sales of its key drugs like Eliquis and new products, it also reported a quarterly loss due to one-time charges related to recent acquisitions. The company plans
Alphabet is scheduled to release its first-quarter earnings report after the market closes on Thursday. Analysts are predicting an earnings per share of $1.51 and a revenue of $78.59 billion. Additionally, YouTube advertising revenue is expected to be $7.72 billion, while Google Cloud revenue is estimated at $9.35 billion. On the other hand, Traffic acquisition
SK Hynix, a prominent South Korean memory chipmaker, recently reported a remarkable turnaround in its financial performance for the first quarter of the year. The company disclosed a net profit of 1.92 trillion South Korean won, marking a significant improvement from the 2.58 trillion won loss recorded in the same period last year. This positive
Deutsche Bank has reported a 10% increase in first-quarter profit, exceeding expectations. The net profit attributable to shareholders was 1.275 billion euros, surpassing the analyst forecast of 1.23 billion euros. This marks the bank’s highest first-quarter profit since 2013 and its 15th consecutive quarterly profit. The group revenue also saw a 1% year-on-year rise to
Roche, the Swiss pharmaceutical company, recently released its first-quarter sales report, revealing a slight increase in sales despite the decrease in demand for its Covid-19 products. The company cited stronger demand for its newer medicines and diagnostics as the driving force behind the 2% increase in sales at constant exchange rates, with a more significant
Boeing’s quarterly report set to be released this week is expected to shed light on the aftermath of a midair incident involving a 737 Max 9 plane in January. This incident not only resulted in significant financial losses for the company but also led to heightened scrutiny from federal regulators and a slowdown in production.