Tag: revenue
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Worldline cuts revenue growth forecast as bank contract delays slow recovery
July 30 : French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company’s recent setbacks.Worldline now expects flat to marginally positive revenue gro
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Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate
July 29 : Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply constraints and rising costs weighed on its business.Shares of the San Diego, California-based company were down more than 3 per cent in
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Cognizant forecasts weak quarterly revenue amid cautious client spending
July 29 : Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, as clients remained cautious on discretionary IT spending. Shares of the company were down 3 per cent in premarket trading. • Cognizant expects third-quarter revenue between $5.60 billion and $5.68
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ASMI lifts 2027 outlook, forecasts third-quarter revenue above estimates
July 28 : ASM International on Tuesday forecast third-quarter revenue above market expectations and upgraded its 2027 sales outlook, buoyed by continued demand from customers investing in artificial intelligence infrastructure. The Dutch semiconductor equipment maker expects third-quarter revenue of about 1.1
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STMicroelectronics profit misses estimates, shares fall 14%
July 23 : STMicroelectronics reported second-quarter core profit below market expectations and forecast third-quarter revenue slightly below analyst estimates on Thursday, sending its shares down 14 per cent.The results disappointed investors betting on a faster recovery at the Franco-Italian chipmaker after
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STMicro raises data-centre expectations after profit miss, shares tank
July 23 : STMicroelectronics said it expects data-centre demand to boost revenue towards the end of the year, after reporting second-quarter core profit and a third-quarter sales forecast that missed expectations on Thursday.The shares fell 14 per cent in early trade.The Franco-Italian chipmaker, whose
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Dassault Systèmes confirms 2026 outlook, bets on AI with $1.8 billion ArisGlobal deal
July 23 : French software maker Dassault Systèmes confirmed its full-year outlook on Thursday after reporting second-quarter revenue in line with expectations and announced the acquisition of U.S.-based life sciences software company ArisGlobal to deepen its push into artificial intelligence.The company, who
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STMicro’s Q3 revenue view slightly lags estimates even as chip demand recovers
July 23 : STMicroelectronics forecast a third-quarter revenue with a midpoint slightly below market expectations on Thursday, but said chip demand from automotive, AI-related, data-centre optical and consumer electronics markets was recovering.The Franco-Italian chipmaker forecast third-quarter revenue of $3.
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Google increases capex forecast again after cloud-driven quarterly beat
July 22 : Alphabet on Wednesday reported its best-ever quarter of growth for its cloud computing division, but faced investor scrutiny after concerns about continued delays to its flagship AI model were aggravated by a $15 billion increase in capital spending plans for 2026.The search giant now expects to spe
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Texas Instruments forecasts upbeat revenue on analog chip demand
July 22 : Texas Instruments forecast quarterly revenue above Wall Street estimates on Wednesday, signaling that spending on AI infrastructure and a recovery in industrial and automotive markets are boosting demand for analog chips.Tech companies have been investing aggressively in AI, pouring money into data-
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