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Earnings: Apple supplier Foxconn beats forecasts

Taiwan's Foxconn, a key Apple supplier, posted a better-than-expected 23% rise in quarterly profit on Wednesday. David Pollard reports......»»

Category: videoSource: reutersNov 13th, 2019

Apple supplier Skyworks Solutions lowers earnings forecast due to coronavirus

Skyworks Solutions Inc. announced Wednesday that it was reducing its revenue and earnings forecasts due to impacts from COV.....»»

Category: topSource: marketwatchMar 4th, 2020

Humana beats profit and revenue forecasts, raises Medicare Advantage membership growth outlook

Humana Inc. reported Wednesday first-quarter profit and revenue that beat expectations, and affirmed its full-year earnings outlook while raising its Medicare Advantage (MA) membership guidance. The health Care company said net incom.....»»

Category: topSource: marketwatchApr 29th, 2020

Volvo beats first-quarter forecasts but warns of truck order cancellations

Sweden's AB Volvo on Thursday warned of weakening truck demand despite reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales......»»

Category: topSource: reutersApr 23rd, 2020

iPhone Maker Foxconn To Produce Ventilators In US

Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Co. read more.....»»

Category: blogSource: benzingaApr 8th, 2020

Apple supplier Foxconn sees 7.7% drop in March sales

Hon Hai Precision Industry Co. Ltd., better known as Foxconn, disclosed Monday that March sales dropped 7.7% on a year-over-year basis to T$347......»»

Category: topSource: marketwatchApr 6th, 2020

Apple Supplier Foxconn"s Profit Falls Nearly 25% Year-Over-Year: Report

Apple Inc's (NASDAQ: AAPL) largest supplier, Foxconn Technology Group, saw its net profit fall 23.7% in the fourth quarter before the coronavirus pandemic spread, The Wall read more.....»»

Category: blogSource: benzingaMar 30th, 2020

Nike beats on earnings, revenue despite market downturn

The athletic apparel maker posted revenue of $10.1 billion in the period, which also beat Street forecasts......»»

Category: topSource: foxnewsMar 24th, 2020

Apple supplier Foxconn"s revenue hammered by coronavirus fallout

Apple's manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business......»»

Category: topSource: foxnewsMar 5th, 2020

Campbell Soup boosts guidance as profit beats forecasts; shares jump

Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose 5% in early trade......»»

Category: topSource: reutersMar 4th, 2020

Foxconn Warns Of Major Revenue Drop, Expects Full Production By End March 

Foxconn Warns Of Major Revenue Drop, Expects Full Production By End March  Apple's top supplier Foxconn warned on Tuesday that consumer electronics and enterprise product revenue would decline by 15% in the firs.....»»

Category: blogSource: zerohedgeMar 3rd, 2020

Virus to dent Foxconn"s consumer electronics revenue

Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China. Ciara Lee reports.....»»

Category: videoSource: reutersMar 3rd, 2020

Virus to dent Foxconn"s consumer electronics revenue in first-quarter

Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China......»»

Category: topSource: reutersMar 3rd, 2020

Foxconn to resume normal production in virus-hit China by end of March

Apple supplier Foxconn said it would resume normal production in China by the end of the month and that more than half its seasonal workforce in the country had restarted work following the coronavirus outbreak......»»

Category: topSource: reutersMar 3rd, 2020

"Negative Impact" - Top Apple Supplier Foxconn Warns Over Revenue Hit

"Negative Impact" - Top Apple Supplier Foxconn Warns Over Revenue Hit Top Apple supplier, Foxconn Technology Group, warned Thursday that the Covid-19 outbreak in China would lead to lower full-year revenue.  F.....»»

Category: blogSource: zerohedgeFeb 20th, 2020

A shipping titan, a global airline, and Apple"s main iPhone supplier just sounded the alarm on the coronavirus

STR/AFP via Getty Images AP Moller-Maersk, Air France-KLM, and Foxconn issued dire warnings Thursday about the novel coronavirus. The shipping giant Maersk said that the epidemic.....»»

Category: topSource: businessinsiderFeb 20th, 2020

A shipping titan, a global airline, and Apple"s main iPhone supplier just sounded the alarm on coronavirus

STR/AFP via Getty Images AP Moller-Maersk, Air France-KLM, and Foxconn issued dire warnings about Wuhan coronavirus on Thursday. Shipping giant Maersk said.....»»

Category: topSource: businessinsiderFeb 20th, 2020

Uncertainties in employee returns may disrupt Foxconn production

Uncertainties in employee returns due to the coronavirus outbreak have become a challenge for Foxconn Electronics, a key Apple supplier with assembly facilities in Chinese cities of Zhengzhou, Shenzhen and Taiyuan, according to industry sources......»»

Category: topSource: digitimesFeb 11th, 2020

Apple supplier Foxconn restarts key China plant with 10% workforce: source

Apple supplier Foxconn got approval to resume production at a key China plant after being forced to shut it following a coronavirus outbreak, but only 10% of the factory's workforce has managed to return so far, a source told Reuters......»»

Category: topSource: reutersFeb 10th, 2020

China"s Shenzhen denies blocking Apple supplier Foxconn from resuming production

Local Chinese authorities have not blocked Apple supplier Foxconn from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily......»»

Category: topSource: reutersFeb 9th, 2020

Foxconn says plans in place to meet production obligations after virus outbreak

TAIPEI - Apple Inc supplier Foxconn said it could continue to meet all manufacturing obligations in the wake of a coronavirus outbreak in China even as the iPhone maker flagged uncertainty created by the disease......»»

Category: topSource: reutersJan 29th, 2020