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SMIC reports Q1 revenue up 4.3% YoY to $1.75B, vs. $1.69B est., and a $71.8M net income, vs. $76.8M est., as consumer sentiment remains weak in China


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2024-05-09 13:17:22
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Cybersecurity Business

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Bloomberg:

SMIC reports Q1 revenue up 4.3% YoY to $1.75B, vs. $1.69B est., and a $71.8M net income, vs. $76.8M est., as consumer sentiment remains weak in China  —  - Net income was $71.8 million in the three months to March  — SMIC expects revenue to rise by 5%-7% in April-June quarter




Bloomberg:

SMIC reports Q1 revenue up 4.3% YoY to $1.75B, vs. $1.69B est., and a $71.8M net income, vs. $76.8M est., as consumer sentiment remains weak in China  —  - Net income was $71.8 million in the three months to March  — SMIC expects revenue to rise by 5%-7% in April-June quarter



Source: TechMeme
Source Link: http://www.techmeme.com/240509/p16#a240509p16


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