Tag: firstquarter

Nvidia forecasts first-quarter revenue above estimates

(Reuters) – Chip designer Nvidia forecast fiscal first-quarter revenue above estimates on Wednesday, banking on towering demand for its industry-leading artificial intelligence chips and improving supply chain dynamics. The company forecast current-quarter revenue of $24.0 billion, plus or minus 2%. Analysts on average were expecting revenue of $22.17 billion, according to LSEG data. The Santa […]

Honeywell forecasts first-quarter results below estimates

(Reuters) -Honeywell International Inc on Thursday forecast a weak first quarter after missing on sales estimates for the last three months of 2023, due to lower demand in its businesses that offer building technologies and cater to warehouses. Shares of the diversified industrial firm, also a major aerospace supplier, fell 2.6% to $197.01 before the […]