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20:34
Coherent Corp. reports Q3 revenue of $1.806 billion, exceeding IBES estimate of $1.78 billion.
Third quarter adjusted operating revenue was $366 million, compared to the IBES estimate of $372.3 million. Third quarter adjusted earnings per share (EPS) were $1.41, compared to the IBES estimate of $1.40. Third quarter adjusted net profit was $276 million, compared to the IBES estimate of $272.2 million. Fourth quarter revenue is expected to be between $1.91 billion and $2.05 billion, with adjusted EPS estimated to be between $1.52 and $1.72.
20:29
Benefiting from the surge in demand for AI data centers, Arm's revenue outlook exceeds expectations
According to Golden Ten Data on May 7, thanks to large-scale investments in AI computing by technology companies, the adoption rate of Arm (ARM.O) chip technology continues to rise. The company on Wednesday forecasted its first fiscal quarter revenue would reach $1.26 billion, surpassing the market expectation of $1.25 billion. Arm CEO Rene Haas said, “We are very optimistic about the demand for data centers,” adding that this quarter saw “a rather substantial increase in data center-related royalty revenues.” Earlier this year, Arm launched the AGI CPU, a data center chip designed to handle the large-scale data processing required by certain types of AI. On Wednesday, the company announced that it had secured $2 billion in customer demand for this processor for fiscal years 2027 and 2028.
20:21
Global nutrition giant Herbalife announced its financial results for the first quarter of 2026, reporting solid growth in net sales, with adjusted EBITDA surpassing the company’s previous guidance.
Based on its strong initial performance, the management has announced an upward revision of the full-year outlook for 2026. At constant exchange rates, the median guidance for net sales and adjusted EBITDA for the full year has been raised, reflecting the company’s confidence in sustained growth momentum. This positive adjustment is attributed to stable market demand and ongoing improvements in operational efficiency.
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