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Western Digital (WDC) Stock Trades Up, Here Is Why

Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) jumped 14.8% in the pre-market session after the company reported first-quarter results that blew past analysts' EPS expectations, driven by strong outperformance in its flash memory division. We were also glad its inventory levels shrunk. On the other hand, its operating margin fell, and its gross margin shrunk. Aside from the earnings print, Western Digital said it would separate its HDD and flash memory businesses ...
Western Digital Kioxia Holdings Corp What Happened Elliot Management Kioxia Holdings Flash Memory
Source: yahoo.com

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ON Semiconductor's Stock Tanks After Q3 Performance

ON Semiconductor Corp (NASDAQ: ON) stock reported a third-quarter FY23 revenue decline of 0.5% year-on-year to $2.18 billion, beating the consensus of $2.15 billion. The Intel Corp (NASDAQ: INTC) rival's adjusted EPS of $1.39 beat the consensus of $1.34. Revenue from Power Solutions Group (PSG) grew 10% Y/Y to $1.23 billion, Advanced Solutions Group (ASG) decreased 15% Y/Y to $621.6 million, and Intelligent Sensing Group (ISG) fell by 4% Y/Y to $328.6 million. The adjusted gross margin decl...
South Korea Hassane El Khoury Power Solutions Group Semiconductor Stock Tanks After Intelligent Sensing Group Intel Corp
Source: yahoo.com

WisdomTree, Inc. (NYSE:WT) Q3 2023 Earnings Call Transcript

WisdomTree, Inc. (NYSE:WT) Q3 2023 Earnings Call Transcript October 27, 2023 WisdomTree, Inc. misses on earnings expectations. Reported EPS is $0.0733 EPS, expectations were $0.1. Operator: Greetings and welcome to WisdomTree Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. […]
Wisdomtree Siegel Jeremy Schwartz Jeremy Campbell Tree Prime Investor Relations Chief Investment
Source: yahoo.com

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