Tag: forecasts quarterly
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Broadcom forecasts quarterly sales below estimates amid rising custom AI chip competition
Sept 2 : Broadcom forecast quarterly revenue below Wall Street estimates on Wednesday, signaling intense competition could hamper gains from its custom processors. Shares of the Palo Alto, California-based company fell over 3 per cent in extended trading. They have gained about 6 per cent this year, significa
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Zoom forecasts quarterly profit below estimates
Aug 25 : Zoom Communications forecast third-quarter profit below Wall Street expectations on Tuesday, signaling stiff competition was squeezing the video-conferencing company even as it ramps up AI features on its services. Shares of the San Jose, California-based company fell 3.8 per cent in extended trading
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EBay forecasts quarterly revenue above estimates
Aug 5 : EBay forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles and refurbished products to bring more high-value buyers to its online marketplace.The company has sharpened its focus on enthusiast buyers through “focus cat
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Roblox forecasts quarterly bookings below estimates as safety features dampen engagement
July 30 : Gaming platform Roblox forecast quarterly bookings below Wall Street estimates on Thursday, as tougher age-verification measures weigh on onboarding and engagement, sending its shares down about 12 per cent in after-hours trading.The company has implemented age verification following heightened scru
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Roblox forecasts quarterly bookings below estimates
July 30 : Gaming platform Roblox forecast quarterly bookings below Wall Street estimates on Thursday, as tougher age-verification measures weighed on user onboarding and engagement.Shares of the company fell 11 per cent in after-hours trading.The company has implemented age verification to bolster play
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Texas Instruments forecasts quarterly revenue above estimates
July 22 : Texas Instruments forecast quarterly revenue above analysts’ estimate on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data center chips.While TI does not make the high-performance AI processors such as those from Nvidia, it produces analog chips that mana
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Broadcom forecasts quarterly revenue above estimates on strong AI chip demand
(Corrects to say adjusted profit beat estimates, not trailed, in paragraph 7)June 3 : Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear.However, shares of the Palo Alto, California-based company fel
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