All 16 technology stocks reporting this week beat EPS estimates

Earnings
โดย Seeking Alpha·US·Read original
Summary · why it matters

All 16 technology companies that reported quarterly results this week delivered earnings per share that exceeded Wall Street expectations, while 15 of them also beat revenue forecasts and one missed on the top line. Among the notable names, Palantir Technologies shares surged over 29% after it raised full-year guidance on strong second-quarter results, while Advanced Micro Devices slipped despite record revenue and profitability as investors had hoped for a larger guidance increase. Sandisk fell about 7% after mixed forward guidance overshadowed better-than-expected fiscal fourth-quarter numbers.

Impact on stocks 6

Semiconductors · 2 stocks
Sandisk Corp
SNDK
▼ NegativeCapitalrelevance

Mixed forward guidance overshadowed better-than-expected Q4 numbers, shares fell about 7%.

Artificial Intelligence · 2 stocks
Advanced Micro Devices Inc
AMD
▼ NegativeCapitalrelevance

Record revenue and profitability but investors hoped for larger guidance increase, causing shares to slip.

Defense & Geopolitical Fragmentation · 1 stocks
Cybersecurity & Digital Trust · 1 stocks