Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted first-quarter earnings of $2.40 a share on revenue of $124.3 billion. Analysts surveyed by FactSet were expecting earnings of $2.
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
We continue to believe that Microsoft remains uniquely positioned to monetize the vast new AI opportunity across applications,” writes BofA Securities analyst Brad Sills.
EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line beats to eight quarters.
FactSet Research Systems Inc., together with its subsidiaries, operates as a financial digital platform and enterprise solutions provider for the investment community worldwide. The company ...
Sales of instruments and accessories, which are single-use tools for surgeries, climbed by 23% year over year to $1.41 billion, while procedure volumes jumped 18%. Procedures for its Ion system, which is used to perform lung biopsies via robotic bronchoscopy, surged 70%.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
Baker Hughes posted higher revenue and profit in the fourth quarter, driven by higher orders and strength across its industrial and energy-technology unit.
Goldman Sachs analyst Jerry Revich, maintaining a Buy rating and $442 price forecast, expressed views on Caterpillar, Inc.'s (NYSE:CAT) mixed fourth quarter FY24 results reported today. Total sales and revenue for the quarter declined 5% year-over-year to $16.
Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.1 billion, a miss from the $70.7 billion analysts were projecting, acc
KLA's profit rose in its second quarter and revenue hit the upper end of what the company had previously expected. Shares increased about 4% to $771.10 after markets closed. The stock is up 24% over the past 12 months.