Techwell Inc. (TWLL) updated its fourth-quarter revenue guidance. The company currently projects revenues to be in the range of $21 million-$23 million. The previous revenue outlook was a range of $19 million-$20 million.
The company noted that the increase in projected revenue is primarily due to stronger demand in its two key end markets, security surveillance and automotive infotainment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.