Categories AlphaGraphs, Earnings, Industrials
TSLA Earnings: Tesla reports lower Q3 profit despite strong sales growth
EV giant Tesla Inc. (NASDAQ: TSLA) on Wednesday said its third-quarter 2023 earnings declined from last year, despite an increase in revenues.
Revenues of the Austin-based car maker advanced 9% year-over-year to $23.4 billion in the third quarter. The company produced a total of 430,488 vehicles during the three-month period and delivered 435,059 units.
Earnings, excluding one-off items, declined to $0.66 per share in the September quarter from $1.05 per share a year earlier. Unadjusted net income came in at $1.85 billion or $0.53 per share in Q3, compared to $3.29 billion or $0.95 per share in the corresponding period of 2022.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Important takeaways from Broadcom’s (AVGO) Q4 2023 earnings
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) ended fiscal 2023 on a positive note, delivering strong results for the fourth quarter. In the new fiscal year, the company’s focus will be
Here’s what Signet Jewelers (SIG) expects for the holiday season and beyond
Shares of Signet Jewelers Limited (NYSE: SIG) were down over 2% on Friday. The stock has gained 40% year-to-date and 27% over the past three months. The jewelry retailer saw
DOCU Earnings: DocuSign Q3 2024 revenue up 9%; profit beats estimates
eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported higher revenues and better-than-expected adjusted earnings for the third quarter of 2024. The company also provided guidance for the fourth quarter and
