Renesas Electronics Corp
6723: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|WZg | LOCK|^>!?v | LOCK|R! |
Renesas Earnings: Robust Results From Strong AI and Automotive Demand, but Expansion Plan Is Risky
Renesas' March-quarter non-GAAP revenue and operating margin of JPY 372 billion and 34% represented year-on-year growth of 21% and 654 basis points, respectively. Shares closed 5% lower after earnings were released.
