Says seeing some signs of market improvement. Says expects conditions to gradually improve over next several quarters. Expects stronger revenue, profitability in 2H23. Expects CapEx to trend lower in 2H23. Says cash flow sufficient to support dividend. Comments taken from Q2 earnings conference call.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on STX: