CFOs Predict Growth For Their Businesses And The Economy In 2024 [Forbes]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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Source: Forbes
This is the published version of Forbes' CFO newsletter, which offers the latest news for chief finance officers and other leaders focused on the budget. to get it delivered to your inbox every Tuesday. The economy—and businesses—are on the right track to growth , according to a survey of CFOs from Duke University's Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. In the study, CFOs rated the economy 60.6 on a scale from zero to 100. They rated their own businesses much higher, at an average of 68.5. CFOs are expecting to see both revenue growth this year—the average expectation is 5.8% year-over-year—and a 5% employment increase. These expectations continue into 2025, with CFOs projecting revenues going up 8.1% next year. “Firms still face many challenges, including a tight labor market and persistent pricing pressures, but there is less concern over a downturn in economic growth compared to previous quarters,” Atlanta Fed economist Brent Meyer a
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SMCI
Earnings
- 4/30/24 - Beat
SMCI
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 144
- SMCI's page on the SEC website