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Indie Semiconductor Sees Q3 Revenues Slightly Better Than Guidance
(RTTNews) - Autotech solutions innovator indie Semiconductor, Inc. (INDI) announced Monday that in connection with the Company's warrant exchange offer and consent solicitation, preliminary estimated revenue for the three months ended September 30, 2023 is expected to be above $60 million and slightly better than the Company's guidance and consensus estimates.
Analysts on average expect the company to report revenues of $60.02 million for the quarter, according to figures compiled by Thomson Reuters.
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Tech Shares May Drag South Korea Lower On Wednesday
The South Korea stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.4 percent along the way. The KOSPI now sits just above the 3,150-point plateau and it may take further damage again on Wednesday.
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hace 7 minutos
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
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hace 1h 7min
Canadian Dollar Drops After Weak Inflation Data
The Canadian dollar declined against its most major counterparts in the New York session on Tuesday, following the release of weak inflation data for July.
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hace 1h 25min
Canadian Market Modestly Lower In Cautious Trade
After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
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hace 4h 39min
Swiss Market Ends On Strong Note
After a somewhat subdued start, the Switzerland market gained in strength as the session progressed on Tuesday, to eventually closed on a bright note.
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hace 5h 18min
European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes
European stocks closed higher on Tuesday as the mood remained positive amid optimism over a potential Russia-Ukraine peace deal, after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
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hace 5h 42min
U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
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hace 9h 20min
U.S. Housing Starts Unexpectedly Surge 5.2% In July
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July.
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hace 10h 22min
