Category: Company Earnings

Electronics Manufacturers Face Delays In Product Shipments

February 26, 2020

The IPC is reporting that electronic manufacturers could face up to five-week delays in product shipments due to the supply chain shock caused by the coronavirus.  Shipping delays from China and other countries are already having a negative impact. The IPC said 65% of manufacturers report their suppliers expect an average of a three-week delay.  … More Electronics Manufacturers Face Delays In Product Shipments

Nvidia Reports 41% Y/Y Revenue Growth, 3% Sequential

February 13, 2020

Artificial intelligence and graphics chipmaker Nvidia reported its 2020 Q4 earnings after the market close today (fiscal quarter ends on January 26th, 2020).  The company announced revenues of $3.11 billion for the quarter, a jump of 41 percent from the year-ago and a 3 percent increase from the third quarter.   The stock is trading 6.5 … More Nvidia Reports 41% Y/Y Revenue Growth, 3% Sequential

Intuitive Revenues Up 22% Y/Y, 13% Sequential

January 23, 2020

Q4 Highlights Worldwide da Vinci procedures grew approximately 19% compared with the fourth quarter of 2018, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures. The Company shipped 336 da Vinci Surgical Systems, an increase of 16% compared with 290 in the fourth quarter of 2018. The Company grew its da … More Intuitive Revenues Up 22% Y/Y, 13% Sequential

Skyworks Revenue Down 7.8 Y/Y, Up 8% Sequentially

January 23, 2020

Delivers Revenue of $896 Million, Up 8% Sequentially Posts GAAP Diluted EPS of $1.50; Non-GAAP Diluted EPS of $1.68 Generates $398 Million in Cash Flow from Operations Guides to Better-than-Seasonal Revenue Trends in Q2 FY20 Skyworks exceeded December quarter expectations driven by global demand for our high performance connectivity engines…Leveraging decades of experience, manufacturing scale … More Skyworks Revenue Down 7.8 Y/Y, Up 8% Sequentially

Intel Posts Record Quarterly Revenue, Up 8% Y/Y Led By DCG

January 23, 2020

“In 2019, we gained share in an expanded addressable market that demands more performance to process, move and store data…One year into our long-term financial plan, we have outperformed our revenue and EPS expectations. Looking ahead, we are investing to win the technology inflections of the future, play a bigger role in the success of … More Intel Posts Record Quarterly Revenue, Up 8% Y/Y Led By DCG

Plexus Reports 11% Y/Y Revenue Growth

January 22, 2020

Plexus announced financial results for its fiscal first quarter ended January 4, 2020, and guidance for its fiscal second-quarter ending April 4, 2020, after the closing bell. Fiscal First Quarter 2020 Information Won 30 manufacturing programs during the quarter, representing $167 million in annualized revenue when fully ramped into production Trailing four-quarter wins total $843 million in … More Plexus Reports 11% Y/Y Revenue Growth

Texas Instruments Y/Y Revenues Down 10%, “Markets Stabilizing”

January 22, 2020

Texas Instruments (TXN) reported Q4 2019 earnings after the market close with revenues coming in at $3.35 billion, net income of $1.07 billion and earnings per share of $1.12.   The earnings release beat expectations but the stock is 1 percent lower in after-hours on punk guidance. TI’s chairman, president and CEO, made the following comments: … More Texas Instruments Y/Y Revenues Down 10%, “Markets Stabilizing”