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Socionext Inc. Reports Decline in Financial Results and Revises Future Forecast

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Socionext Inc. Reports Decline in Financial Results and Revises Future Forecast

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An announcement from Socionext Inc. ( (JP:6526) ) is now available.

Socionext Inc. has reported a decline in its financial performance for the nine months ending December 31, 2024, with net sales and operating income decreasing compared to the previous year. The company has made revisions to its earnings forecast for the fiscal year ending March 31, 2025, indicating anticipated lower financial results, which may impact its market positioning and stakeholder confidence.

More about Socionext Inc.

Socionext Inc. is a company listed on the Tokyo Stock Exchange, operating in the semiconductor industry. The company specializes in providing system-on-chip solutions, focusing on various sectors including automotive, industrial, and consumer electronics.

YTD Price Performance: -4.09%

Average Trading Volume: 6,995,240

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen432.8B

See more data about 6526 stock on TipRanks’ Stock Analysis page.

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