Tuesday, November 5, 2024

YoY

SMIC Sustains 20.6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years

Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions.  Semiconductor Manufacturing International Corporation (SMIC) has seen its revenue fall according to its latest quarterly figures. On...

Saudi Aramco Q1 2023 Earnings Decline 19% YoY amid Economic Uncertainty but Beat Analysts’ Expectations

Oil giant Saudi Aramco shares climbed 3.2% on Tuesday after the company posted a net income of $31.9 billion for Q1 2023.  Saudi Aramco recently posted its Q1 2023 earnings report, which showed a 19% decline in profit. The...

Intel Sees Largest Quarterly Loss in Q1 2023, Revenue Down 36% YoY

According to the report, the company experienced a 133% annual reduction in its earnings per share for the quarter. Intel Corporation (NASDAQ: INTC) reported its largest quarterly loss in its Q1 2023 financial results. The company’s shares initially rose on...

Tesla Posts Q1 2023 Report Sees Earnings Slide Over 20% YoY

EV giant Tesla experienced a drop in Q1 2023 earnings due to underutilized new factories and higher production costs. Tesla Inc (NASDAQ: TSLA) saw its net income and earnings slide by more than 20% year-over-year (YoY), according to its Q1...

Verizon Q4 2022 Report Sees YoY Revenue Increase but Declines in Adjusted Share Earnings

Telecom giant Verizon saw a 3.5% revenue in Q4 2022 even as the company struggled with dwindling 5G equipment sales.Verizon Communications (NYSE: VZ) recently posted its Q4 2022 earnings report, which met adjusted earnings estimates but missed the 2023...

Logitech Posts Fiscal Q3 2023 Results, Sees Sales Slide 22% YoY

Computer mice, keyboards, and webcams maker Logitech has lowered its full-year sales outlook after an underwhelming fiscal Q3 2023 report. Logitech International SA (NASDAQ: LOGI) recently posted its Q3 2023 earnings report, which showed a 22% drop in quarterly...

Tesla Delivers 1.31M Vehicles in 2022, Up 40% YoY

Even as Tesla had great results in production and deliveries in 2022, the company missed analysts’ expectations in its Q4 numbers.Many companies, including EV giant Tesla Inc (NASDAQ: TSLA), have released reports on their 2022 performance, showing remarkable...

Square’s Q2 Bitcoin Revenue Grows 3X YoY, Impairment Losses at $45 Million

Square Inc., the Bitcoin payment app led by Jack Dorsey released its quarterly financial reports for shareholders on August 1st, reporting $4.68 Billion in total revenue in the second quarter of 2021.  Square’s revenue grew 143% year-on-year (YoY)....

FTX Crypto Exchange’s Average Daily Volume Rose 150X YoY

FTX.US, a US-regulated cryptocurrency exchange saw its average daily volume grew 150x YoY, from June 2020 to June 2021 as per the 1H filing. The exchange touched the peak with $993 million during a 24-hour period on April...
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Coinbase Executives to Offload 5 Million Shares, COIN Stock Drop Soon?

Coinspeaker Coinbase Executives to Offload 5 Million Shares, COIN Stock Drop Soon? As per the recent approval from the management,...
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