Financials

Citing challenges in the macroeconomic environment and elevated channel inventory, Qualcomm reported quarterly revenues of $9.275 billion, down 17% compared to the same period a year ago. Diluted earnings per...

 Equinix posted quarterly revenue of approximately $2.0 billion, a record quarter-over-quarter step up of $127 million and up 15% over the same quarter last year. Net income amounted to $259...

Marvell Technology announced the appointment of Matt Murphy as Chair of its Board of Directors, replacing Rick Hill, who has served as Chair of the Board since 2016 and who...

Mavenir announced the closing of a $100 million capital raise, adding to its $250 million capital raise in 2022. The fundraising round was anchored by Siris, a leading technology focused...

 Citing lower than expected NEMs and semiconductor R&D spending, VIAVI reported quarterly net revenue was $247.8 million, down $67.7 million or 21.5% year-over-year. GAAP net loss was $(15.4) million, or...

AMD reported Q1 revenue of $5.4 billion, gross margin of 44%, operating loss of $145 million, net loss of $139 million and diluted loss per share of $0.09. On a...

Cogent Communications completed its previously announced acquisition of T-Mobile's Wireline Business, which is the legacy Sprint U.S. long-haul network. The deal greatly expands Cogent's network footprint and enables it enter...

Citing a recovering supply chain, Arista reported Q1 2023 revenue of $1.351 billion, an increase of 5.9% compared to the fourth quarter of 2022, and an increase of 54.1% from...

Lattice Semiconductor, reported Q1 revenue of $184.310 million, up 22% compared to Q1 2022 and 5% compared to Q4 2022, which represented the twelfth consecutive quarter of sequential growth. Gross...

AWS  sales increased 16% year-over-year in Q1 2023 to reach $21.4 billion, representing 16% of Amazon.com overall revenue for the quarter.  Q1 operating income for AWS amounted to $5.123 billion,...

T-Mobile US reported Q1 service revenues of $15.5 billion, up 3% year-over-year, including postpaid service revenue growth of 6% year-over-year. Net income of $1.9 billion grew 172% year-over-year and diluted...

Juniper Networks reported quarterly net revenues og $1,371.8 million, an increase of 17% year-over-year and a decrease of 5% sequentially. Non-GAAP net income was $156.6 million, an increase of 54%...

 Vodafone has appointed Margherita Della Valle as its new Group Chief Executive. Della Valle currently serves as the company's CFO. Her previous roles within Vodafone were Deputy Chief Financial Officer...