Two Irvine-based tech companies last week reported quarterly results that are foreshadowing future industry trends.Skyworks Solutions Inc. forecast on April 30 that its fiscal third-quarter sales and adjusted profit will be much lower than analysts expected. It cited slowing mobile device sales. Shares dropped 15% in the following trading session to $90.30, for a $14.4 billion market cap (Nasdaq: SWKS).
Edwards Lifesciences today reported financial results for the quarter ended March 31, 2024.
Highlights and Outlook
Q1 sales grew 10% on a reported and constant currency1 basis to $1.6.
Today's Research Daily features new research reports on 16 major stocks, including Alibaba Group Holding Limited (BABA), General Electric Company (GE) and Honeywell International Inc. (HON).
Edwards Lifesciences Corporation (NYSE:EW) Q4 2023 Earnings Call Transcript February 6, 2024 Edwards Lifesciences Corporation misses on earnings expectations. Reported EPS is $0.609 EPS, expectations were $0.64. EW isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to […]