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V Technology shares plunge on downward revision to March 2026 earnings forecast
V Technology Co., Ltd. <7717> shares tumbled. After the market close on April 30, the company slashed its consolidated earnings forecast for the fiscal year ended March 2026, cutting its revenue outlook to 52.9 billion yen from 56.0 billion yen and operating profit to 3.5 billion yen from 4.5 billion yen. V Technology cited installation delays in its semiconductor and photomask segments, alongside the deferral of CF exposure equipment deliveries for China to the fiscal year ending March 2027. Selling intensified in response to the news.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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