Qualcomm cites weaker handset demand and high inventories
Citing weaker handset demand and inventory drawdown, Qualcomm reported revenue of $9.463 billion for the first quarter of its fiscal 2023, down 12% compared to a year earlier. Net income...
Financials
AWS Q4 2022 revenues rise 20% yoy to $21.4 billion
In its Q4 financial report, Amazon reported that AWS segment sales increased 20% year-over-year to $21.4 billion. However, operating income dipped to $5.205 billion for the quarter, down 2% yoy....
Viavi revenues dip 9.6% to $284.5 million
For its second quarter of fiscal 2023 VIAVI Solutions reported net revenue of $284.5 million. GAAP net income was $8.4 million, or $0.04 per share. Non-GAAP net income was $31.5...
Meta trims 2023 data center construction plans
Meta reported Q4 and full year 2022 revenue of $32.17 billion and $116.61 billion, a decrease of 4% and 1% year-over-year for the fourth quarter and full year 2022, respectively....
Nokia delivers stellar network infrastructure sales in Q4
Nokia reported Q4 2022 sales of EUR 7.449 billion, up 16% over the same period in 2021 (up 11% y-o-y in constant currency). Full year net sales grew 6% (12%...
Intel delivers a weak financial report
"Despite the economic and market headwinds, we continued to make good progress on our strategic transformation in Q4, including advancing our product roadmap and improving our operational structure and processes...
F5 posts quarterly sales of $700M, up 2%
F5 Networks reported revenue of $700 million for its first quarter of fiscal year 2023, up 2% from from $687 million in fiscal year 2022. Global services revenue grew 5%...
Calix posts Q4 revenue of $244.5m, up 39% yoy
Calix reported Q4 2022 revenue of $244.5m (GAAP), increasing 39% compared with the same quarter a year ago. Driven by this demand, systems revenue in the fourth quarter of 2022...
Extreme Networks reaches revenue of $318.3M, up 13%
Extreme Networks reported quarterly revenue of $318.3 million, up 13% year-over-year, and up 7% quarter-over-quarter. GAAP diluted EPS was $0.13, compared to $0.10 in Q2 last year and $0.09 last...
Microsoft’s Nadella: the next major wave of computing is being born
Microsoft reported revenue of $52.7 billion for its fiscal quarter ended 31-Dec-2022, up 2% yoy. Diluted earnings per share was $2.20 GAAP and $2.32 non-GAAP, and decreased 11% and 6%,...
Nokia and Samsung sign 5G patent license agreement
Nokia signed a new cross-license patent agreement with Samsung following the expiry of the previous agreement at the end of 2022. Under the agreement, Samsung will make payments to Nokia...
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