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)

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



No comments:

Post a Comment

Sources: Google approached Disney, Universal, and other studios to license characters and films for its AI tools, but legal and union concerns stalled deals (Wendy Lee/Los Angeles Times)

Wendy Lee / Los Angeles Times : Sources: Google approached Disney, Universal, and other studios to license characters and films for its A...