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Stock impact report

Advanced Energy (AEIS) Q3 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Executive Vice President and CFO — Paul Oldham TAKEAWAYS Revenue -- $374 million, up 3% sequentially, but down 9% year over year. Semiconductor Revenue -- $197 million, up 5% sequentially and 7% year over year, reflecting incremental logic demand. Data Center Computing Revenue -- $81 million, increasing 11% sequentially and 18% year over year, fueled by hyperscale AI demand. Industrial and Medical Revenue -- $77 million, down 3% sequentially and 33% year over year, attributed to ongoing customer inventory destocking. Telecom and Networking Revenue -- $19 million, down 22% sequentially due to decreased demand and a networking customer program shift to the following quarter. Gross Margin -- 36.3%, improved by 100 basis points sequentially, primarily from initial manufacturing cost reductions during factory consolidation. Non-GAAP EPS -- $0.98, surpassing guidance of $0.90 and higher than the prior quarter's $0.85. GAAP Loss Per Share -- $0.38, including a $28.5 millio Show less Read more
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