Renesas Electronics ( (JP:6723) ) has provided an update.
Renesas Electronics announced its consolidated financial forecasts for the first half of 2025, highlighting the challenges of predicting full-year results due to semiconductor market volatility. The company provided non-GAAP figures to better reflect ongoing business performance, projecting revenue between 603,277 and 618,277 million yen, with gross and operating margins of 55.9% and 26.1% respectively. This forecast indicates a decrease compared to the same period in the previous year, reflecting market conditions and currency fluctuations, which may impact stakeholders and the company’s market positioning.
More about Renesas Electronics
Renesas Electronics Corporation is a leading global provider of semiconductor solutions, specializing in microcontrollers, embedded processing, analog, power, and connectivity. The company focuses on delivering comprehensive solutions for automotive, industrial, infrastructure, and IoT applications, aiming to enhance the functionality of billions of connected devices.
YTD Price Performance: -18.64%
Average Trading Volume: 7,142
Technical Sentiment Signal: Buy
Current Market Cap: $19.8B
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