Read Larry Connors' blog – Short Term Trading Strategies
Revenues in the quarter fell 29% year-over-year to $14.92 billion, and came in short of consensus estimates of $17.22 billion.
Chairman of the Board and Chief Executive Officer Patricia Woertz said,
"Looking ahead, we see demand improving in some key markets, and we have the assets and acumen to capture value as the global economy resets."
Write to Chip Brian at cbrian@tradethetrend.com
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