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Q4 Guidance

All articles tagged with #q4 guidance

Broadcom’s AI chip surge can’t fully lift AVGO as Q4 outlook dims
markets2 days ago

Broadcom’s AI chip surge can’t fully lift AVGO as Q4 outlook dims

Broadcom topped Q3 with revenue up 86% to $29.6B and AI semiconductors at $16.7B, but it guided Q4 revenue to about $34.8B (below consensus), sending AVGO down roughly 4% after hours. The firm remains a key AI hardware player, highlighting private funding partnerships with Apollo and Blackstone to finance compute expansion, while facing intensifying competition from Marvell and MediaTek and ongoing bullish investor sentiment in some circles.

via Yahoo Finance|
#ai-semiconductors#avgo#broadcom
"Spirit Airlines' Bullish Q4 Guidance and JetBlue Deal Appeal Propel Share Rebound"
finance2 years ago

"Spirit Airlines' Bullish Q4 Guidance and JetBlue Deal Appeal Propel Share Rebound"

Spirit Airlines issues bullish Q4 guidance, expecting revenues of $1.32 billion due to strong holiday bookings, with improved operating expenses and completion factor. Disagrees with U.S. District Court's verdict blocking $3.8-billion deal with JetBlue Airways, citing competition concerns, and plans to appeal. Zacks Rank #3 (Hold) for SAVE, while better-ranked stocks in the airline industry include Copa Holdings and American Airlines.

via Yahoo Finance|
#airline-industry#finance#jetblue-airways
SolarEdge shares plummet as Q4 guidance disappoints
business2 years ago

SolarEdge shares plummet as Q4 guidance disappoints

SolarEdge shares plunged over 20% in after-hours trading after the solar product manufacturer provided weak guidance for its fourth quarter, citing struggles in the renewable energy sector. The company reported a loss per share of 55 cents, better than the expected 89 cents per share, but fell short of revenue expectations with $725 million compared to the estimated $768 million. SolarEdge expects revenue for the current quarter to be between $300 million and $350 million, significantly below analysts' estimate of $688 million. The solar sector has been facing challenges due to a slow market environment and declining installation rates for solar panels.

via CNBC|
#business#q4-guidance#renewable-energy
technology2 years ago

AMD's AI Chip Sales Expected to Soar Despite Q4 Guidance Miss

AMD reported better-than-expected Q3 earnings, with $5.8 billion in revenue and $0.70 in EPS. However, the company missed Q4 revenue guidance, forecasting $6.1 billion instead of the expected $6.4 billion. AMD is playing catch-up with Nvidia in the AI chip market but believes the field is still open for competition. The company's newest data center chip, the MI300, could help narrow the gap. Wall Street analysts have a positive outlook on AMD's long-term growth potential.

via Yahoo Finance|
#ai-chips#amd#data-center
Enphase Energy's Q3 Revenue Miss and Weak Q4 Guidance Cause Stock Plunge
business2 years ago

Enphase Energy's Q3 Revenue Miss and Weak Q4 Guidance Cause Stock Plunge

Enphase Energy's stock plunges nearly 18% after reporting mixed Q3 results and issuing weak Q4 guidance. The company's Q3 net income remained flat, while revenues fell 13% year-over-year and 22.5% quarter-over-quarter. Enphase attributed the decline in U.S. revenues to macroeconomic conditions and the drop in Europe sales to high inventory and softening demand in key markets. For Q4, Enphase expects revenues of $300M-$350M, significantly below analyst estimates. Other solar stocks, including SolarEdge Technologies, Sunrun, SunPower, and Shoals Technologies, also experience declines in after-hours trading.

via Seeking Alpha|
#business#enphase-energy#q3-earnings