By Dominique Patton PARIS (Reuters) -Renault named its finance chief Duncan Minto as interim CEO on Tuesday, and said it will step up cost cutting measures after cutting its forecast for full year operating margins following a worse than expected performance in June. Renault said it now aims to achieve a full year operating margin…
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you find your favorite podcasts. Nvidia (NVDA) deserves to be a top long-term portfolio holding in part because of its lucrative profit margins, one veteran investor says. “I don’t have any company with operating margins as fat as Nvidia — they’re ridiculous,”…
Feb 5 – Following its Q4 2024 earnings report, which consists of mixed results, Advanced Micro Devices (AMD, Financial) shares witnessed a more than 9% decline in its premarket trading on Wednesday. AMD recorded $7.66 billion in total revenue with $1.09 in adjusted EPS for Q4 2024, while its data center segment brought in $3.86…
Revenue Growth: 30% year-over-year increase in Q3. US Business Revenue Growth: 44% year-over-year and 14% sequential growth. US Government Revenue Growth: 40% year-over-year and 15% sequential growth. US Commercial Revenue Growth: 54% year-over-year and 13% sequential growth. Adjusted Operating Margin: Expanded to 38%. Cash from Operations: $420 million. Adjusted Free Cash Flow: $435 million, representing…