Updated
Updated · MarketWatch · May 8
THine Electronics posts wider Q1 net loss
Updated
Updated · MarketWatch · May 8

THine Electronics posts wider Q1 net loss

4 articles · Updated · MarketWatch · May 8
  • The Japanese chipmaker's net loss widened to Y379 million for the quarter ended 31 March from Y261 million a year earlier, while revenue rose to Y949 million from Y703 million.
  • Operating loss deepened to Y410 million from Y205 million, although pretax loss narrowed to Y361 million from Y343 million.
  • Per-share loss increased to Y36.11 from Y24.45, with results prepared under Japanese accounting standards.
Why are THine’s losses widening despite surging revenue in a booming AI market?
Is the AI memory boom creating an extinction event for smaller semiconductor companies?