Reuters:
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues — Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales …
Jane Zhang / Bloomberg:
JD.com reports Q3 revenue up 11% YoY to $34.2B, narrowly beating estimates, and ~$843M net income, reversing a ~$394M loss in Q3 2021 — JD.com Inc. reported higher sales last quarter after shoppers kept spending at China’s second-largest online retailer despite an economic downturn.
Debby Wu / Bloomberg:
TSMC reports Q3 revenue rose 48% YoY to ~$19.4B, beating ~$19B estimates, as Micron, Kioxia, Samsung, and others report faltering sales and weakening demand — Taiwan Semiconductor Manufacturing Co. reported higher-than-expected quarterly revenue, signaling the chip giant is benefiting …
Brody Ford / Bloomberg:
DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year billings forecast of $2.55B to $2.57B, vs. $2.53B est.; stock jumps 18%+ — DocuSign Inc. rallied 17% after reporting quarterly sales that topped analysts’ estimates and raising its billings forecast …
Takashi Mochizuki / Bloomberg:
Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results — Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.
Steven Musil / CNET:
Samsung Q3: operating profit down 31%+ YoY to $7.65B, revenue up ~4% YoY to $54.1B, semiconductor sales down 14% YoY; first quarterly profit decline in ~3 years — Samsung’s quarterly profit declined in the third quarter for the first time in nearly three years economic uncertainty continues …
Yuvraj Malik / Reuters:
Mobileye reports Q3 revenue up 38% YoY to $450M, beating $447M estimates, and a $45M net loss, up from $26M YoY, in its first post-IPO earnings — Mobileye Global Inc (MBLY.O) beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp …
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