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Recently
Earnings updates reveal sharp divergence across companies and sectors
Corporate earnings remained mixed as domestic firms showed variability while global semiconductor players benefited from strong demand and improved forward guidance.
Recent earnings disclosures highlighted uneven performance across companies during the ongoing results season. BF Utilities reported its results on December 16, with shares trading lower after the announcement, reflecting cautious investor response. Excelsoft Technologies and Indrayani Biotech also released quarterly updates amid broader Q3 disclosures. In contrast, global semiconductor major Micron delivered strong results, meeting revenue expectations with $18.74 billion in first-quarter sales and posting earnings per share of $3.94.