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
What Starbucks’ ongoing restructuring means for customers and investors
Starbucks Corporation (NASDAQ: SBUX) has launched an extensive restructuring to streamline operations and optimize customer experience. While navigating a difficult operating environment, the coffee giant is working to revive its
Dollar Tree (DLTR) 4Q24 earnings: Family Dollar sale takes center stage in quarterly report
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 4% on Wednesday following the announcement of the company’s fourth quarter 2024 earnings results. The top and bottom line numbers
Key metrics from Chewy’s (CHWY) Q4 2024 earnings results
Chewy, Inc. (NYSE: CHWY) reported its fourth quarter 2024 earnings results today. Net sales of $3.25 billion were up 14.9% year-over-year. Net income fell 29% to $22.8 million, or $0.05
