The company, one of the biggest makers of computer hard drives, said it expected current-quarter revenue to be $1.55 billion, plus or minus $150 million. The "performance reflected the uneven pace of economic recovery in China, cloud inventory digestion, and cautious enterprise spending amid the uncertain macroeconomic environment," CEO Dave Mosley said.
Shares of Novartis AG were gaining around 4 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the drug major raised its fiscal 2023 outlook on Tuesday after reporting higher second-quarter results.
Theranostics, also called companion diagnostics, integrated medicine, Dx/Rx partnering, and pharmacodiagnostics, is the integration of targeted diagnostic