Analysts show pessimism for Ingenic, slashing revenue foreca...

Moomoo AI Oct 29, 2023 08:42

Analysts show pessimism for Ingenic, slashing revenue forecasts despite stable EPS estimates post latest earnings. They predict a significant slowdown in Ingenic's growth versus past performance, projecting a 26% YoY revenue growth by end of 2024, as against historical 47% growth.

Revenue Miss: Ingenic Semiconductor Co.,Ltd. Fell 11% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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