Kioxia Posts Q4 Operating Profit of 596.8B Yen, Beats Estimates by 15%

GateNews

Japan’s memory chipmaker Kioxia reported fourth-quarter operating profit of 596.8 billion yen, exceeding market expectations of 519.3 billion yen. Q4 net profit reached 407.73 billion yen versus an estimate of 358.21 billion yen, while net sales totaled 1 trillion yen against projected 920.9 billion yen.

For the first quarter, Kioxia guided operating profit to 1.3 trillion yen, significantly above the market estimate of 874.09 billion yen. Guided net profit is 869 billion yen versus expected 612.71 billion yen, with projected net sales of 1.75 trillion yen compared to market expectation of 1.33 trillion yen.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments