revenue drop News

Kering Faces a Tough First Half: Revenue Drops 16% to €7.6B Amid Global Market Challenges

Kering S.A. reports a 16% revenue drop to €7.6 billion in H1 2025, with Gucci sales falling 26%. Net income and EPS also declined sharply, amid challenges in China, North America, ...

Stellantis Faces Challenging H1 with 13% Revenue Drop to €74.3B Amid Market Headwinds

Stellantis N.V. reports a 13% drop in H1 2025 net revenues to €74.3B, with a net loss of €2.3B, compared to a €5.6B profit in 2024. CEO Antonio Filosa highlights gradual improvemen...

Dramatic 40% Plunge in Corporate Tax Revenue Sparks Calls for Rate Adjustments

Nominee for Minister of Economy and Finance, Gu Yoon-cheol, addresses a 40% drop in corporate tax revenue over two years, suggesting potential rate increases and strategic investme...

Ola Electric Shares Soar 20% Amid Revenue Drop and Losses: A Sign of Investor Confidence?

Ola Electric shares surged nearly 20% despite reporting a halved revenue and continued losses, signaling strong investor confidence in its operational turnaround and future prospec...

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Lower Shipments

Stellantis reports a 14% drop in Q1 2025 revenues to €35.8 billion, citing lower shipment volumes and tariff uncertainties. The company is adjusting production plans and sees early...

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Shipment Declines

Stellantis reports a 14% drop in Q1 2025 revenues to €35.8B, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and engaging w...

Stellantis Faces 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Shipment Declines

Stellantis experiences a 14% revenue drop in Q1 2025, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and engaging with gov...

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Lower Shipments

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8B, citing lower shipments and tariff uncertainties. The company suspends 2025 guidance, focusing on government engagement a...

Stellantis Faces 14% Revenue Drop in Q1 2025 Amidst Global Tariff Uncertainties

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and sees...

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amid Tariff Uncertainties and Lower Shipments

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8B, attributed to lower shipments and tariff uncertainties. The company is adjusting production plans and sees early recover...

HSBC Faces a 15% Revenue Drop in Q1 2025 Amid Global Economic Uncertainties

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before and after tax decreasing significantly. The bank also revealed a $3 billion share bu...

HSBC Faces a 15% Revenue Drop to $17.6B in Q1 2025 Amid Economic Uncertainties

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before and after tax significantly decreasing. The bank also revealed a $3 billion share bu...

HSBC Reports a 15% Revenue Drop to $17.6B in Q1 2025 Amid Global Economic Uncertainties

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before tax decreasing by $3.2 billion. The bank also revealed a $3 billion share buy-back a...

HSBC Faces a Challenging Quarter: Revenue Drops 15% to $17.6B Amid Economic Uncertainties

HSBC Holdings plc announced a 15% drop in Q1 2025 revenues to $17.6 billion, with profits before and after tax significantly decreasing. The bank also revealed a $3 billion share b...

HSBC Reports a 15% Revenue Drop to $17.6B in Q1 2025 Amid Economic Uncertainties

HSBC Holdings plc reported a 15% revenue drop to $17.6 billion in Q1 2025, with profits before and after tax decreasing significantly. The bank also announced a $3 billion share bu...

Wipro's Q4 Earnings Slide: A 1.2% Revenue Drop Signals Client Caution Amid Market Uncertainties

Wipro's Q4 earnings report reveals a 1.2% revenue drop, attributed to client caution amid market uncertainties. CEO Srini Pallia discusses the impact of tariffs and the shift towar...

BlackBerry's Q4 Fiscal 2025: A 7% Revenue Dip to $141.7M Yet Beats Analyst Forecasts

BlackBerry Ltd. announced a 7% annual revenue drop to $141.7M in Q4 fiscal 2025, yet outperformed analyst expectations. The company also reported a reduced net loss, showcasing sig...

BlackBerry's Fiscal 2025 Q4 Results Show a 7% Revenue Dip to $141.7M, Yet Beats Analysts' Forecasts

BlackBerry Ltd. reports a 7% annual revenue drop in Q4 fiscal 2025 to $141.7M, yet exceeds analysts' expectations. The company shows significant improvement in net loss and diluted...

BMW Faces a Challenging Year: Revenue Drops by 8.4% to €142.4B in 2024

In 2024, BMW Group faced a challenging year with an 8.4% drop in revenue to €142.4 billion and a 36.9% decrease in net profit. Despite a 4% decline in automotive deliveries, BMW is...

BMW Faces a Challenging Year: Revenue Drops by 8.4% to €142.4B in 2024

BMW Group reported an 8.4% revenue drop to €142.4B in 2024, with net profit falling by 36.9%. Despite a 4% decrease in automotive deliveries, BMW is optimistic about future innovat...

BMW Faces a Challenging Year: Revenue Drops by 8.4% to €142.4 Billion in 2024

In 2024, BMW Group faced a challenging year with an 8.4% revenue drop to €142.4 billion, a 36.9% decrease in net profit, and a 4% decline in automotive deliveries. Despite these ch...

BMW Faces a Challenging Year: Revenue Drops by 8.4% to €142.4B in 2024

In 2024, BMW Group faced a challenging year with an 8.4% revenue drop to €142.4B, a 36.9% decrease in net profit, and a 4% fall in automotive deliveries. Despite these setbacks, BM...

LVMH Shares Take a Dive: A 5% Drop Following a Sharp Decline in Net Profit

LVMH Moet Hennessy Louis Vuitton experiences a significant 5% drop in share prices after announcing a 17% decrease in net profit and a 2% decline in revenue for the fiscal year 202...