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Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%Oct 31 5:00 PM EST
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From: Return to Sender2/6/2024 12:18:27 PM
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Missed another one RtS. Coherent beats by $0.10, beats on revs; guides MarQ EPS in-line, revs in-line; raises FY24 EPS guidance

5:33 PM ET 2/5/24 | Briefing.com

Reports Q2 (Dec) earnings of $0.36 per share, excluding non-recurring items, $0.10 better than the FactSet Consensus of $0.26; revenues fell 17.4% year/year to $1.13 bln vs the $1.12 bln FactSet Consensus. Co issues in-line guidance for Q3 (Mar), sees EPS of $0.32-0.52, excluding non-recurring items, vs. $0.38 FactSet Consensus; sees Q3 revs of $1.12-1.20 bln vs. $1.17 bln FactSet Consensus. Co issues guidance for FY24, sees EPS of $1.30-1.70, excluding non-recurring items, vs. $1.33 FactSet Consensus and vs $1.00-1.50 prior guidance; sees FY24 revs of $4.55-4.70 bln vs. $4.58 bln FactSet Consensus.
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