Latest News for: Revenue guidance

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IT sector Q2 earnings preview: New deals, guidance in focus amid deteriorating macros

The Times of India 07 Oct 2022
"Accenture’s outsourcing bookings are at an all-time high and the top end of revenue guide also indicates demand resilience." ... Robust revenue growth expectation is based on the strong order intake momentum seen in the previous quarters, the analysts said ... "We see a limited change in the FY23 revenue growth guidance of Infosys, HCL Technologies.
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AMD Revenue Warning Is Dissected by Wall Street. It’s Not All Bad News.

Barrons 07 Oct 2022
The chip maker said it will miss its revenue guidance in the third quarter, citing ...
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Because you've all stopped buying PCs, AMD's wiped $1b+ off expected sales

The Register 07 Oct 2022
Q3 revenue still set to be up overall, Ryzen biz says in FYI to Wall St AMD has warned investors its guidance for quarterly revenue was out by $1.1 billion ... .
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Medtronic ...

Eagle-Tribune 07 Oct 2022
... of the MiniMed 780G and other products in Medtronic’s diabetes operating unit (the “Diabetes Group”)—Medtronic lowered its guidance for its Diabetes Group, now projecting that Diabetes Group product revenues would decline in the mid-single digits range for fiscal year 2022.
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AMD Stock Is Hitting Lows. Here's When to Buy.

Henry Herald 07 Oct 2022
AMD stock is hitting 52-week lows as it reports disappointing preliminary revenue results ... On Thursday after the close AMD reported its preliminary third-quarter revenue of $5.6 billion vs ... shortfall in gaming revenue ... 24, guidance for the current quarter came in at $5.9 billion vs.
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Dow Jones Dives 450 Points On Strong Jobs; TSMC, AMD Fall After Reports; Google Translate ...

Investors Business Daily 07 Oct 2022
Taiwan Semiconductor (TSM) beat views with a 48% increase in revenue to $19.4 billion in the third quarter ... The Santa Clara, Calif., company's preliminary third-quarter revenue of $5.6 billion is 16% lower than its guidance of $6.7 billion ... Revenue from Play Store and other services grew 10% last quarter to $62.8 billion.
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Tilray Brands’ First Quarter Fiscal Year 2023 Performance Affirms Global Cannabis Leadership

Eagle-Tribune 07 Oct 2022
Financial HighlightsFirst Quarter Fiscal 2023Reported net revenue was $153.2 million ... These initiatives, combined with our market share and revenue gains, should position Tilray Brands extraordinarily well for the future, allowing us to reconfirm our guidance of $70 - $80 million of adjusted EBITDA and be free cash flow positive.”.
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Bragar Eagel & Squire, P.C. Is Investigating Compass, EyePoint, F45, and PROG and ...

Eagle-Tribune 07 Oct 2022
(NYSE ... PRG) ... Then, on July 26, 2022, F45 issued a press release entitled “F45 Training Announces Strategic Update.” In the press release, F45 Training provided updated 2022 revenue guidance in the range of $120 million to $130 million, down significantly from previous guidance of $255 million to $275 million, citing ongoing macroeconomic uncertainty.
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TCS & Infosys may have 100 bps and 60 bps sequential improvement, respectively: Abhishek Bhandari

The Times of India 07 Oct 2022
Some of the early indicators for the cautiousness are coming from the fact that the end-clients for the Fortune 2000 companies are slowing down on revenues ... Also wanted to get a sense from you that the double-digit revenue growth that you are pencilling in for FY23, is that at risk? And for FY24, would we go back to the single digit revenue growth?.
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Tilray Brands, Inc. (TLRY) First Quarter Fiscal Year 2023 Performance Affirms Global Cannabis Leadership

MarijuanaStocks 07 Oct 2022
Reported net revenue was $153.2 million ... International cannabis revenue was $10.4 million ... These initiatives, combined with our market share and revenue gains, should position Tilray Brands extraordinarily well for the future, allowing us to reconfirm our guidance of $70 – $80 million of adjusted EBITDA and be free cash flow positive.”.
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Preliminary Q3 results boost Perion Network

Globes 06 Oct 2022
... falling in the quarter, and given that this year there will also be other advertising-intensive events such as the mid-term elections in the US, it would appear that the company will not find it difficult to meet its revenue guidance, and even to exceed its EBITDA guidance.
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IT companies likely to report flat Q2 revenues, demand outlook in focus

Financial Express 06 Oct 2022
Accenture’s modest revenue growth guidance of 8-11% in local currency for FY24 (ending August) also indicates softness in IT services growth over the next 12 months. . Analysts, however, expect Infosys and HCLTech to retain their revenue and margin guidance for FY23. Also Read.
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Food Inflation Props These Stocks During Market Correction

Investors Business Daily 06 Oct 2022
Meanwhile, Lamb Weston topped earnings and narrowly matched revenue predictions ... In August, the Twinkie-maker raised its full-year revenue growth guidance to around 15%, up from its previous guidance of about 12% growth ... In July, PepsiCo raised its 2022 outlook, predicting it will see 10% revenue growth, up from its previous guidance of 8%.
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Aehr Test Systems Crushes Quarterly Targets, Keeps Full-Year Growth Outlook

Investors Business Daily 06 Oct 2022
The company said its 89% revenue growth in the quarter was due to strong sales of gear to test and process silicon carbide power chips used in electric vehicles ... Maintains Full-Year Guidance ... For its fiscal year ending May 31, Aehr reiterated its prior guidance for total revenue of at least $60 million to $70 million.
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IT companies brace for muted growth, sustained margin pains in Q2

The Times of India 06 Oct 2022
Indian IT services providers are expected to report muted sequential revenue growth and sustained pressure on margins during the second quarter, though analysts say they do not expect a change in guidance for the ongoing fiscal year.

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