- Dec 19, 2005
"First Quarter 2023 Highlights
- Revenue was $1,462.3 million in 1Q23, compared to $1,621.3 million in 4Q22, and $1,841.9 million in 1Q22.
- Gross profit was $304.7 million in 1Q23, compared to $518.7 million in 4Q22, and $750.3 million in 1Q22.
- Gross margin was 20.8% in 1Q23, compared to 32.0% in 4Q22 and 40.7% in 1Q22.
- The following statements are forward looking statements based on current expectations and involved risks and uncertainties.
The Company expects (in accordance with IFRS):
- Revenue to increase by 5% to 7% QoQ.
- Gross margin to range from 19% to 21%."