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XP Power predicts lower full-year revenues due to soft demand in healthcare & industrial tech sectors and semiconductor equipment slowdown, causing share drop.
XP Power, a manufacturer of power control solutions, has announced that their full-year revenues will be "significantly below market expectations" due to several factors including temporary soft demand conditions, customer de-stocking, and a cyclical slowdown in the semiconductor manufacturing equipment sector.
However, the company anticipates a relatively short-lived weakness and has seen encouraging signals from customers for 2025.
XP also anticipates a significant second-half improvement in trading as the year progresses.
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XP Power predice menores ingresos para todo el año debido a la débil demanda en los sectores de tecnología industrial y de atención médica y a la desaceleración de los equipos semiconductores, lo que provocó una caída de las acciones.