First quarter net revenue of Maywell Technology is $1.32 billion. Analysts expect $1.3 billion.

[Maywell Technology first quarter net income of $1.32 billion analysts expect $1.3 billion] May 26 / PRNewswire-FirstCall-Asianet /-- Maywell Technology lost $0.20 per share in the first quarter, compared with a loss of $0.20 in the same period in 2022; first-quarter net revenue was $1.32 billion; analysts expect $1.3 billion; second-quarter net income is expected to be $1.33 billion ±5%. Artificial intelligence (AI) revenue is expected to grow by double digits in fiscal 2024.