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SKHY Misses Forecasts

SKHY misses analyst forecasts

SKHY

SKHY reported record qtrly operating profit, but it missed analyst forecasts, raising concerns about AI spending; Quarterly revenue rose 257% to 79.3 trillion won, below a 84 trillion won estimate; operating profit of 60.5 trillion won for the April-June period, compared with 9.2 trillion won a year earlier and short of a 64 trillion won forecast; said delays in shipments of some advanced products limited DRAM price gains; shares -0.5% premarket