earnings decline News

Supermicro Shares Tumble 5% in Premarket Amid Revenue Guidance Slash and Earnings Decline

Super Micro Computer Inc. shares fell over 5% in premarket trading after lowering its 2025 revenue guidance and reporting a 73% drop in net income year-on-year for Q3 fiscal 2025.

SLB Reports a 3% Dip in Q1 Revenue to $8.49 Billion Amid Global Challenges

SLB announced a 3% year-on-year revenue decline to $8.49 billion in Q1 2025, with net income dropping by 25%. CEO Olivier Le Peuch cited mixed global performance as the cause.

Halliburton Reports a 6.9% Drop in Q1 Revenue to $5.4B Amid Market Challenges

Halliburton Company reported a 6.9% decrease in Q1 revenue for fiscal 2025, dropping to $5.4 billion from $5.8 billion the previous year. Analysts await further details to understa...

Best Buy Reports a 5% Drop in Q4 Revenue to $13.9B: What's Behind the Decline?

Best Buy Co. announced a 4.7% decrease in Q4 revenue for fiscal 2025, totaling $13.9 billion. The retail giant faces challenges as it seeks strategies for future growth amidst a de...