December 23, 2024
Intangible Assets

Analog Devices Q3 Earnings: Revenue And EPS Beat, CFO Highlights Improved Inventory And Order Momentum For Q4 – Analog Devices (NASDAQ:ADI)

Analog Devices, Inc. ADI stock traded higher Wednesday after the company reported fiscal third-quarter results. The company’s revenue declined 25% year-on-year to $2.31 billion, beating the analyst consensus estimate of $2.27 billion. Adjusted EPS of $1.58 beat the analyst consensus estimate of $1.50. Analog Devices’ Industrial revenue declined by 37% year-on-year to $1.06 billion. Automotive revenue decreased 8% Y/year-on-year to $670.3 million. Communications revenue declined

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Operating Assets

What’s Going On With BioRestorative Therapies Stock? – BioRestorative Therapies (NASDAQ:BRTX)

BioRestorative Therapies, Inc. BRTX shares are trading higher Monday after the company announced it has received notice from the Nasdaq Stock Market that it has regained compliance with listing requirements.  The Details: BioRestorative Therapies reported a net loss for the first quarter of $2.2 million, or 33 cents per share, compared to a net loss

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Intangible Assets

GlobalFoundries Exceeds Q2 Projections, Navigates High Inventory Levels In Chip Market – GLOBALFOUNDRIES (NASDAQ:GFS)

GlobalFoundries Inc GFS reported a fiscal second-quarter 2024 revenue decline of 12% year-on-year to $1.63 billion, beating the analyst consensus estimate of $1.62 billion. The contract chipmaker’s adjusted EPS of 38 cents beat the analyst consensus estimate of 28 cents.  Smartphone and mobile device revenue fell by around 3% from a year ago, while industrial IOT revenue declined

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Operating Assets

Symbotic Stock Falls On Q3 Earnings: What Investors Need To Know – Symbotic (NASDAQ:SYM)

Symbotic Inc SYM shares are tumbling in Monday’s after-hours session on the heels of the company’s third-quarter financial results. Q3 Earnings: Symbotic reported fiscal third-quarter revenue of $491.862 million, beating analyst estimates of $464.55 million, according to Benzinga Pro. The company reported an earnings loss of 2 cents per share, missing estimates for positive earnings

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