Bloomberg:
Foxconn reports Q3 revenue down 12% YoY to ~$47.7B, net income up 11% YoY to ~$1.3B, and lowers the outlook for its components business to flat YoY — - It also revised down forecast for components business segment — Company beat average profit estimate in the September quarter
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Tuesday, November 14, 2023
Foxconn reports Q3 revenue down 12% YoY to ~$47.7B, net income up 11% YoY to ~$1.3B, and lowers the outlook for its components business to flat YoY (Bloomberg)
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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)
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