Copper & Oil Prices Hammered On Coronavirus Fears

by Jonathan Custer

Copper prices are on track for the biggest weekly drop in nearly 19 months amid worries over a new coronavirus in China.   Copper futures are down over 7 percent in the past week and WTI Crude down more than 17  percent since its Jan 8th high. “The pressure on the metals complex should be somewhat …

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

by Jonathan Custer

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 …

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

by Jonathan Custer

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 …

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