Advantest: A Tough Quarter But Expect A Strong Recovery (OTCMKTS:ATEYY)

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A Tough Quarter

Advantest (OTCPK:ATEYY) had a horrible June 2023 quarter, with sales dropping 26% and net income plummeting 75%. This was expected and the company had guided as much, warning of industry wide slowdowns and inventory reductions after the

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