Shares of Lantronix, a leading provider of Internet-of-Things solutions, took a hit following the company's revised full-year guidance and lower-than-expected second-quarter results. Dismal Performance in Q2 and Reduced Revenue Outlook Lantronix, based in Irvine, California, announced on Thursday that it now anticipates fiscal 2024 revenue between $155 million and $165 million, … [Read more...] about Lantronix Stock Plummets Amid Disappointed Fiscal Outlook
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Agilent Technologies Faces Challenges in China, Lowers Guidance
Agilent Technologies (ticker: A) experienced a decline in its stock price following a reduction in its revenue guidance due to weak market conditions in China. The company now expects full-year revenue to range from $6.8 billion to $6.85 billion, down from the previous guidance of $6.93 billion to $7.03 billion. Similarly, earnings per share for the full year are now estimated … [Read more...] about Agilent Technologies Faces Challenges in China, Lowers Guidance
