From Nasdaq: 2024-05-02 17:40:07

Apple (AAPL) exceeded expectations with quarterly earnings of $1.53 per share, beating estimates of $1.51. Revenues were $90.75 billion, slightly below the previous year’s $94.84 billion. Shares have dropped 12.1% this year. The outlook for Apple and the industry remains uncertain, with mixed estimate revisions and a Zacks Rank of #3 (Hold).

Quantum-Si Incorporated (QSI) is set to release quarterly results on May 9. The company is expected to report a loss of $0.23 per share, down 35.3% from last year. Revenues are expected to reach $0.45 million, an 80% increase. The stock falls within the Computer and Technology sector, showing potential for future growth.



Read more at Nasdaq: Apple (AAPL) Beats Q2 Earnings and Revenue Estimates