Apple supplier Foxconn's revenue hammered by coronavirus fallout [Yahoo! Finance News]
HON HAI PRECSON S/GDR NEW (HNHPF)
NASDAQ:AMEX Investor Relations:
foxconn.com/investors_en/investors.html
Company Research
Source: Yahoo! Finance News
TAIPEI, March 5 ) - Apple's manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business. The Taiwanese company, which assembles Apple's iPhones, saw revenue sink 18.1% in February compared with a year earlier - the biggest monthly fall since March 2013 and the third straight month of decline. It warned the coronavirus epidemic would hit its bottom line in the first quarter. Foxconn is among manufacturers worldwide grappling with virus-related curbs that have disrupted supply chains and dampened demand. Apple, its top client, rescinded its March quarter sales guidance, citing a slower ramp up of manufacturing in China amid travel restrictions and an extended Lunar New Year break. Foxconn, formally known as Hon Hai Precision Industry Co Ltd, said in a stock exchange filing that revenue fell to T$217.5 billion $7.28 billion) in February. The company, whose share price has
Show less
Read more
Impact Snapshot
Event Time:
HNHPF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HNHPF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HNHPF alerts
High impacting HON HAI PRECSON S/GDR NEW news events
Weekly update
A roundup of the hottest topics
HNHPF
News
- Hon Hai Technology Group (Foxconn) Teams With 2 Taiwan Hospitals To Use NVIDIA-enabled Taipei-1 SupercomputerPR Newswire
- Hon Hai Technology Group (Foxconn) Teams With 2 Taiwan Hospitals To Use NVIDIA-enabled Taipei-1 SupercomputerPR Newswire
- Foxconn sees robust AI server demand, posts 14% rise in Q3 profit [Yahoo! Finance Canada]Yahoo! Finance Canada
- Major Apple supplier Foxconn expected to report strong Q3 results on AI boom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Major Apple supplier Foxconn expected to report strong Q3 results on AI boom [Yahoo! Finance]Yahoo! Finance