ROBO: Q2 2023 Earnings Wrap

Best-in-class Robotics & Automation companies around the world continued to deliver superior revenue and earnings growth in 2Q23. However, after four consecutive quarters of positive earnings surprises, strong demand, and record high backlogs, the tone has changed as several bellwether companies warned of slowing orders and reduced full-year outlooks. Slowing orders in factory automation were [...] The post ROBO: Q2 2023 Earnings Wrap appeared first on ETF Trends .