All articles tagged with #q1 guidance
Originally Published 2 months ago — by 24/7 Wall St.
Microsoft's Q1 earnings showed strong revenue and cloud growth, with Azure surpassing expectations, but shares dropped 4% after guidance indicated capacity constraints through FY2026 and a $3.1 billion loss from OpenAI investment. Despite beating earnings estimates, the market reacted negatively to the outlook, with shares rebounding slightly after initial declines.
Originally Published 1 year ago — by Yahoo Finance
ON Semiconductor's stock is rising despite reporting lackluster Q1 guidance and year-over-year revenue declines in its fourth-quarter earnings results, with earnings per share of $1.25 from sales of $2 billion. The company, which makes power and sensor chips for automotive and industrial markets, is facing a pullback in demand despite benefiting from the push for electrification and sustainable safety grids. The stock surged more than 8% following the report, with analysts noting that the performance reflects the expectations game with earnings.
Originally Published 1 year ago — by The Motley Fool
AMD's stock dropped 2.5% due to light Q1 guidance, despite Q4 results meeting expectations. The company's Q4 2023 revenue slightly surpassed estimates, with strong performance in the data center and client segments, but declines in gaming and embedded segments. Q1 2024 revenue guidance fell short of Wall Street's expectations, but AMD raised its 2024 outlook for data-center AI chip sales, expecting revenue to exceed $3.5 billion.