Tag: quarterly results
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SpaceX’s first quarterly results as a public company beat expectations, but AI costs hit stock
NEW YORK, Aug 4 : SpaceX on Tuesday posted its first quarterly results as a public company, highlighting a 92 per cent rise in revenue on strong growth in its Starlink satellite-internet and AI businesses, and announced a datacenter-chip partnership with Nvidia.Revenue for the second quarter ended in June ros
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Teledyne lifts annual profit forecast, tops quarterly results estimates
July 22 : Teledyne Technologies on Wednesday raised its 2026 profit forecast as demand remained robust at its digital imaging, instrumentation as well as aerospace and defense segments.Shares of the sensing-systems maker, which also reported better-than-expected quarterly profit and revenue, rose nearly 3 per
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TE Connectivity projects upbeat quarterly results, to buy Astrodyne for $1.4 billion
July 22 : Electronic equipment maker TE Connectivity on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.Growing demand for AI-related tools and products has boosted investments in data centers and network eq
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Micron forecasts strong quarterly results on soaring memory chip demand
June 24 : Micron Technology forecast quarterly earnings above Wall Street estimates on Wednesday, signaling that heavy investments in AI-related infrastructure will drive strong demand for memory chips, sending its shares up more than 9 per cent in extended trading.The company expects fourth-quarter revenue o
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