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OSAT ASEH to see revenue rebound

ASE Technology Holding (ASEH) is expected to see its revenue rebound substantially in March after reaching a low point in February, as the OSAT continues to offload "wafer bank" inventories it has stored for customers, according to market observers......»»

Category: itSource:  digitimesMar 10th, 2023

Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Penske Automotive Q1 net income falls 28%

Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million

CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock

The dealership group saw continued revenue gains in financial services and service and parts revenue......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Quality woes hurt Ford earnings as GM outlook improves

Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.  .....»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7 percent in Q1

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion

Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

GM posts higher Q1 profit, ups 2024 financial guidance

GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target

Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»

Category: appleSource:  appleinsiderRelated NewsApr 22nd, 2024

Intel Statistics 2024 By Net Revenue, Business Unit, Processors, Geekbench Score Performance, Import and Export

Introduction Intel Statistics: Intel is the 2nd leading brand […] Introduction Intel Statistics: Intel is the 2nd leading brand in the semiconductor industry, starting from designing and manufacturing the tiny chips that power our com.....»»

Category: blogSource:  coolestgadgetsRelated NewsApr 22nd, 2024

Dell Statistics 2024 By User and Revenue

Dell Statistics 2024 By User and Revenue.....»»

Category: blogSource:  coolestgadgetsRelated NewsApr 22nd, 2024

Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says

The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Whirlpool Statistics By Operational Priorities, Product Revenue, Import and Export

Introduction Whirlpool Statistics: Whirlpool is an American multinational manufacturer […] Introduction Whirlpool Statistics: Whirlpool is an American multinational manufacturer and distributor of home appliances. It is mainly committ.....»»

Category: blogSource:  coolestgadgetsRelated NewsApr 17th, 2024

Fracking the future: How Congolese oil extraction has shaped its history and its fate

In 1969, the recently independent Republic of Congo discovered an enormous oil field off its coast. The find represented both a rare opportunity for the burgeoning nation, and a potential threat—the revenue generated by oil extraction could either.....»»

Category: topSource:  physorgRelated NewsApr 17th, 2024