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Foxconn reports Q2 revenue up 19% YoY to $48B and net profit up 6% YoY to $1.08B, above $1.04B est., on strong AI server demand; its stock is up 8


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2024-08-14 09:06:32
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Cybersecurity Business

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Sherry Qin / Wall Street Journal:

Foxconn reports Q2 revenue up 19% YoY to ~$48B and net profit up 6% YoY to ~$1.08B, above ~$1.04B est., on strong AI server demand; its stock is up ~80% in 2024  —  Quarterly revenue rose 19% from a year earlier  —  Foxconn Technology Group reported a 6% increase in quarterly net profit …




Sherry Qin / Wall Street Journal:

Foxconn reports Q2 revenue up 19% YoY to ~$48B and net profit up 6% YoY to ~$1.08B, above ~$1.04B est., on strong AI server demand; its stock is up ~80% in 2024  —  Quarterly revenue rose 19% from a year earlier  —  Foxconn Technology Group reported a 6% increase in quarterly net profit …



Source: TechMeme
Source Link: http://www.techmeme.com/240814/p4#a240814p4


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