Page 5 - Inventory Levels News Today

Semiconductor maker Himax Technologies (NASDAQ:HIMX) reported results in line with analysts' expectations in Q4 FY2023, with revenue down 13.2% year on year to $227.7 million. It made a GAAP profit of $0.14 per share, down from its profit of $0.24 per share in the same quarter last year.

Avnet, Inc. (NASDAQ:AVT) Q2 2024 Earnings Call Transcript January 31, 2024 Avnet, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the Avnet Second Quarter Fiscal Year 2024 Earnings Conference Call. I would now like to turn the […]

Direct-to-Consumer Segment and Diluted EPS Show Strong Growth Amidst Inventory Management

Wireless chipmaker Qualcomm (NASDAQ:QCOM) reported Q1 FY2024 results beating Wall Street analysts' expectations, with revenue up 5.1% year on year to $9.94 billion. The company expects next quarter's revenue to be around $9.3 billion, in line with analysts' estimates. It made a non-GAAP profit of $2.75 per share, improving from its profit of $2.37 per share in the same quarter last year.

Inventory levels that surged during the pandemic are down and companies are reluctant to build new stockpiles.

Tech and team leaders at different sessions at Inman Connect New York on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients, and other agents in the industry.

Becoming a first-time homebuyer has been very difficult for many Americans in the past year. Soaring rates, low inventory and high prices have left many of them waiting for an opportunity. See: 10...

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) beat analysts' expectations in Q2 FY2024, with revenue down 28.8% year on year to $3.76 billion. The company expects next quarter's revenue to be around $3.7 billion, in line with analysts' estimates. It made a non-GAAP profit of $7.52 per share, down from its profit of $10.71 per share in the same quarter last year.

Data storage manufacturer Seagate (NASDAQ:STX) reported results in line with analysts' expectations in Q2 FY2024, with revenue down 17.6% year on year to $1.56 billion. The company expects next quarter's revenue to be around $1.65 billion, in line with analysts' estimates. It made a non-GAAP profit of $0.12 per share, down from its profit of $0.16 per share in the same quarter last year.

As Q3 earnings season comes to a close, it’s time to take stock of this quarter's best and worst performers amongst the semiconductor manufacturing stocks, including Photronics (NASDAQ:PLAB) and its peers.