Financial PerformanceRevenues fell 1% quarter over quarter, at the midpoint of guidance.
Market DemandIndustrial & Medical, Data Center, and Telecom & Networking sectors all expected to decline more than 10% quarter over quarter.
Outlook And GuidanceAE expects Q1’24 revenue to be down approximately 14% quarter over quarter at the midpoint of the range, below consensus and resulting in much lower than expected EPS.