Kioxia's Double-Digit Growth Slammed on the Brakes? Q3 Revenue Up 1%, What Executives Said at the Earnings Briefing
Kioxia Holdings announced a Q3 revenue forecast of 2.5 trillion yen for the fiscal year ending March 2027, with growth limited to 1.0% from the previous period, prompting investor questions about the shift away from double-digit growth that were addressed by executives during the earnings briefing.
Key points
- •Kioxia Holdings announced a Q3 revenue forecast of 2.5 trillion yen for the fiscal year ending March 2027
- •Revenue growth was limited to 1.0% from the previous period, indicating a shift away from double-digit growth
- •Executives responded to investor questions regarding this slowdown during the earnings briefing's Q&A session