Earnings

  • EBay Beats On EPS Of $0.68, Misses On Sales Of $4.35B; Shares Fall On Lower Forecasts

    EBay Beats On EPS Of $0.68, Misses On Sales Of $4.35B; Shares Fall On Lower Forecasts

    E-commerce giant EBay, soon to be split into two businesses, today reported its third-quarter earnings. The company reported revenues of $4.4 billion (or, $4.353 billion, to be exact), growing 12% on a year ago, on non-GAAP earnings per share of $0.68. This beat estimates on EPS but narrowly missed on sales (but, yes, beat if you rounded up, as eBay has). Analysts were expecting revenues… Read More

  • Microsoft Brings MSN Back By Shifting Windows Phone’s Bing Apps To A New, Old Moniker

    Microsoft Brings MSN Back By Shifting Windows Phone’s Bing Apps To A New, Old Moniker

    Microsoft, in an effort to bring MSN back to mainstream prominence, is shifting its Bing-labeled Windows Phone and Windows apps under that brand’s aegis. You are forgiven if you forgot that MSN is still a thing, or that a number of Windows Phone and Windows apps that have little to do with search are in fact still branded under the Bing name. MSN may be on this side of risible in the… Read More

  • Broad Range Of Public Tech Firms Trade For Record Prices

    Broad Range Of Public Tech Firms Trade For Record Prices

    All the talk of a bubble isn’t slowing down public interest in technology shares. Today, Apple, TubeMogul and Arista Networks set new record highs. TubeMogul and Arista both recently went public. Other firms, like Microsoft are trading near local maximums. MobileIron set an all-time high yesterday, managed a new intra-day high today, and is up strongly in the past few trading sessions. Read More

  • Salesforce Spikes 7.34% After Its FQ2 Earnings Beat Expectations

    Salesforce Spikes 7.34% After Its FQ2 Earnings Beat Expectations

    In the immediate period after it reported its earnings yesterday after the bell, Salesforce slipped around 1 percent. Today, the company closed regular trading up more than 7 percent. Salesforce is now worth $33.87 billion. The share price rise comes on the tail of Salesforce’s revenue and earnings beat — $1.32 billion and $0.13 on a non-GAAP basis, respectively — and its… Read More

  • Salesforce Beats In Its Fiscal Q2 With Revenue Of $1.32B, EPS OF $0.13

    Salesforce Beats In Its Fiscal Q2 With Revenue Of $1.32B, EPS OF $0.13

    After the bell, Salesforce reported its fiscal second quarter financial results, including revenue of $1.32 billion and non-GAAP earnings per share of $0.13. The company beat estimates in the fiscal 2015 quarter, as investors had expected it to earn $0.12 per share — excluding certain costs — on revenue of $1.29 billion. In its sequentially preceding quarter, Salesforce’s… Read More

  • HP Slips After Reporting Better-Than-Expected Fiscal Q3 Revenue

    HP Slips After Reporting Better-Than-Expected Fiscal Q3 Revenue

    HP shares are off nearly 1 percent in after-hours trading despite posting better-than-expected fiscal third-quarter revenue, and in-line earnings per share. In its fiscal third, HP had revenue of $27.585 billion, ahead of an expected tally of $27.01 billion. The company earned $0.89 per share on a non-GAAP basis, matching expectations precisely. On a GAAP basis, not excluding certain costs… Read More

  • Apple’s Valuation Nears Record Highs

    Apple’s Valuation Nears Record Highs

    Apple’s shares closed today at $100.53, a record high, provided that you adjust the company’s former heights for its recent split. The technology firm had a previous, adjusted closing high of $100.30. However, its record intraday high — again taking into account its split — was a skyscraping $100.72. So, Apple has traded for more than it closed at today, but its final… Read More

  • Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat

    Cisco To Trim 8% Of Its Global Workforce After Reporting Modest Earnings Beat

    Today Cisco reported its fiscal fourth quarter 2014 results, including revenue of $12.36 billion in revenue, and non-GAAP earnings per share of $0.55. Investors had expected $0.53 in profit per share in revenue of $12.14 billion in revenue. Despite besting expectations, Cisco’s quarter was lackluster. The company’s revenue fell 0.5% compared to the year ago period, and its net… Read More

  • Candy Crush Maker King Drops 20% After Reporting Disappointing Earnings

    Candy Crush Maker King Drops 20% After Reporting Disappointing Earnings

    Candy crushed. King, maker and purveyor of Candy Crush, reported earnings today and was whacked by investors after detailing revenue that disappointed, and lowering its top line guidance. The company also announced a $150 million dividend. The company earned $0.59 per share on a non-GAAP basis on revenue of $594 million. Investors had expected the company to report $0.59 per share in… Read More