Financials

Corning reported Q2 GAAP sales of $3.2 billion, up 2% sequentially. Core sales were $3.5 billion, up 3% sequentially, driven by Display Technologies. GAAP and core sales were down year...

The Worldcoin Foundation, a project co-founded by Sam Altman, Alex Blania and Max Novendstern, unveiled plans for a global digital ID, digital currency and financial network for the Age of...

F5 reported revenue of $703 million for its third fiscal quarter, up 4% from $674 million in fiscal year 2022. Global services revenue grew 8% from the year-ago period while...

MEF announced the results of the 2023-2024 Board of Directors elections held at its Annual Members Meeting last week in Montreal, MEF 2023-2024 Board of Directors Debika Bhattacharya, Chief Product...

EKINOPS signed a new credit line with its banking partners for a total €100 million. The company said the funding will support its development and  in particular its external growth...

Lightwave Logic has appointed Laila Partridge to Lightwave Logic's Board of Directors. Ms. Partridge currently serves as Founder and Chief Executive Officer of The HardTech Project, a new venture with...

Cadence agreed to acquire the Rambus SerDes and memory interface PHY IP business. Financial terms were not disclosed. Rambus will retain its digital IP business, including memory and interface controllers...

Nokia reported Q2 net sales of EUR 5.710 billion, flat yoy in constant currency, as gross margin declined to 38.8% due to regional mix in Mobile Networks, partly offset by...

RAD announce the appointment of Avi Levin as its new Chief Financial Officer (CFO), replacing Nitza Lifshitz, who has retired after serving as RAD’s CFO for 15 years. Levin took...

Citing a sharp decline in sales in North America, Ericsson reported Q2 revenue SEK 64.4 billion, down 9% compared to a year earlier. Segment Networks sales declined by -13%, while...

Citing weaker demand due tp both the macro-economic environment and customers’ inventory digestion, Nokia lowered its financial outlook based on preliminary Q2 results, saying its now expects to report net...

Citing unexpected reductions in service demand, TELUS International released a preliminary summary of financial results for the quarter ended June 30, 2023, and revised downward its full-year 2023 outlook. TELUS...

Unite Private Networks (UPN) announced a network expansion into Yuma, Arizona, adding 70 miles of new, high-count fiber-optic infrastructure. The company estimates over 2,450 serviceable buildings in Yuma, which is...