Kstar’s third-quarter revenue misses Goldman Sachs forecasts, while data-center orders and margins remain supportive
Weak sales of new-energy products weighed on third-quarter results, but the data-center business grew 21%, and higher shares of high-power products and overseas revenue supported gross margin. The company expects data-center revenue to grow both year over year and quarter over quarter in the fourth quarter, while inventory buildup turned operating cash flow negative.
Goldman Sachs ·