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Page 34 - Chavi Mehta News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IBM s quarterly revenue beats estimates on resilient software, strong mainframe

IBM s quarterly revenue beats estimates on resilient software, strong mainframe
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United statesPooja desaiJames kavanaughChavi mehtaErnst youngWall streetNew york basedFinancial officer james kavanaugh

Cadence s downbeat fourth-quarter forecast signals weakness in chip industry

(Reuters) - Cadence Design Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending b.

United statesAkshita toshniwalChavi mehtaShailesh kuberCadence design systemsWall streetSan joseElectronic design automation

Texas Instruments forecasts fourth-quarter revenue below estimates

Analog chipmaker Texas Instruments forecast fourth-quarter revenue below Wall Street estimates on Tuesday, as demand suffers across its key markets including industrial as vendors pull back on.

United statesShailesh kuberChavi mehtaTexas instrumentsWall street

TI forecasts weak fourth-quarter as industrial weakness deepens

Texas Instruments' biggest by revenue share – was down in the mid-teens percentage in the third quarter, with the weakness pervading all regions except Japan, Dave Pahl, head of investor relations at TI, told analysts. The company forecast current-quarter revenue between $3.93 billion and $4.27 billion, compared with analysts' average estimates of $4.49 billion, according to LSEG data. TI forecast profit per share between $1.35 and $1.57, below estimates of $1.76 per share as it had to lower its factory loadings in the third quarter to reduce inventory and protect its gross margin.

United statesShailesh kuberChavi mehtaTexas instrumentsTexas instrumentUnited auto workersIndustrial marketFourth quarter revenueAutomotive market

Cadence s downbeat fourth-quarter forecast signals weakness in chip industry

Cadence Design Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating a tough economy weighs on.

United statesShailesh kuberAkshita toshniwalChavi mehtaSan joseElectronic design automation

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