Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and retains a cautious H2 2023 outlook (Reuters)

Reuters:
Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and retains a cautious H2 2023 outlook  —  Apple (AAPL.O) supplier Foxconn (2317.TW) beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector …

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