Parade Technologies Q2 FY26 net income drops 17.61% to US$18.78 million; revenue rises 0.73% year-over-year to US$134.48 million
Reuters2026/08/05 06:04- Parade Technologies posted Q2 2026 revenue of US$134.48 million, up 6.61% sequentially and up 0.73% year-over-year.
- Net income fell to US$18.78 million; basic EPS dropped to US$0.24.
- Gross profit declined 6.06% from a year earlier to US$54.06 million.
- For Q3 2026, it forecast revenue of US$139 million to US$153 million.
- Q3 gross margin guidance was 40% to 44%, with operating expense seen at US$33 million to US$36 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs remains bullish on the South Korean stock market: Driven by the AI memory boom, with a potential upside of up to 80%.
Goldman Sachs strategist Timothy Moe maintains his bullish target on the South Korean stock market, believing that investors are underestimating how long the benefits of artificial intelligence (AI) will last for the country's memory chip manufacturers.
Oranjebtc cancels 25 million treasury shares without capital reduction
The Last Time Treasury Yields Hit 6%, Bitcoin Didn't Exist — What Happens If They Get There Again?
Crypto prices
More
