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In Professional Visualization, revenue was up 8% sequentially to $119MM and down 8% YoverY. In Datacenter, inclusive of Tesla and Grid, revenue was up 13% sequentially to $82MM and down 8% YoverY. Automotive revenue reported the highest increase among segments of 51% YoverY to a record $79MM.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.