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But we saved everything 🙂.
Jonah Lupton, investor and market commentator at Social Media / FinTwit, highlights CLS's latest financial results. The company reported revenue of $4.7 billion, surpassing the $4.39 billion estimate, reflecting a 62.5% year-over-year increase. EPS came in at $2.54, above the $2.31 estimate, representing an 82.7% rise year-over-year.
CLS's forward guidance projects revenue of $5.25–5.55 billion versus the $5.0 billion estimate, implying 64–74% year-over-year growth. EPS guidance stands at $2.88–3.08, ahead of the $2.69 estimate, indicating 82–95% year-over-year improvement.
Lupton has previously reported on shareholder concerns regarding IREN’s stock performance and management, noting technical signals in his coverage of IREN shares. He has also highlighted recent triple-digit revenue and quadruple-digit earnings growth at Samsung despite a declining share price and low valuation.