Categories AlphaGraphs, Earnings, Industrials
Tesla reports higher Q2 profit and sales amid strong deliveries
EV giant Tesla Inc. (NASDAQ: TSLA) on Wednesday said its second-quarter 2023 earnings increased from last year, aided by strong revenue growth.
Revenues of the Austin-based company advanced 47% year-over-year to $24.9 billion in the second quarter. The company produced a total of 479,700 vehicles during the three-month period and delivered 466,140 units, mainly comprising the Model-3 and Model-Y variants.
Earnings, excluding one-off items, rose to $0.91 per share in the second quarter from $0.76 per share a year earlier. Unadjusted net income came in at $2.70 billion or $0.78 per share, compared to $2.26 billion or $0.65 per share in the corresponding period of 2022.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
What to expect when Macy’s (M) reports its Q1 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024
