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NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects above estimates Q4 revenue of $3.20B to $3.40B (Juby Babu/Reuters)

Juby Babu / Reuters : NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects a...

22 October 2024

GM reports Cruise lost $435M in Q3 2024, down from a $791M loss in Q3 2023, and had $26M in net sales and revenue and $442M in total costs and expenses (Andrew J. Hawkins/The Verge)

Andrew J. Hawkins / The Verge:
GM reports Cruise lost $435M in Q3 2024, down from a $791M loss in Q3 2023, and had $26M in net sales and revenue and $442M in total costs and expenses  —  GM needs to prove driverless cars can be safe, but also profitable  —  Even with most of its autonomous vehicle fleet on ice, Cruise is still bleeding cash.

Posted from: this blog via Microsoft Power Automate.

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