Earnings

  • Netflix Adds 4.9M New Members In Q1, Sending Shares Up More Than 10%

    Netflix Adds 4.9M New Members In Q1, Sending Shares Up More Than 10%

    Why’s Wall Street so excited about flat revenues and an earnings miss? Netflix reported that its subscriber base grew to a total 62.3 million. That figure includes 2.3 million new domestic subscribers, and 2.6 million non-domestic subscribers. Read More

  • Intel Up 2% After Reporting Flat Year-Over-Year Revenue Growth

    Intel Up 2% After Reporting Flat Year-Over-Year Revenue Growth

    Intel reported its first-quarter financial performance today following the bell, including revenue of $12.8 billion, and per-share profit of $0.41. The street had expected $12.9 billion in revenue, and $0.41 in per-share profit. Intel is up around 3 percent in after-hours trading. The company expects to generate $13.2 billion in the second quarter leading to a gross margin of 62 percent and a… Read More

  • GoDaddy’s CFO Talks About Taking The Company Public

    Web hosting company GoDaddy just finished its first day of trading as a public company, with the stock both opening and closing at $26.15 (31 percent over its IPO price). GoDaddy was founded all the way back in 1997, but in the past few years, we’ve seen some new names leading the company — Scott Wagner joined from investor KKR and became interim CEO in 2012, then he shifted to… Read More

  • Adobe Picks Up 517K Creative Cloud Subscribers In Its FQ1

    Adobe Picks Up 517K Creative Cloud Subscribers In Its FQ1

    In its most recent financial period, Adobe picked up 517,000 net new subscribers to its Creative Cloud product, helping the company generate $1.11 billion in revenue, and adjusted profit of $0.44 per share. Using normal accounting methods (GAAP), Adobe ended the period with a slimmer $0.17 per-share profit. Despite beating market expectations for revenue ($1.09 billion) and adjusted profit… Read More

  • Oracle Meets Profit Expectations In Its FQ3, Misses With Revenue Of $9.3B Due To Forex Headwinds

    Oracle Meets Profit Expectations In Its FQ3, Misses With Revenue Of $9.3B Due To Forex Headwinds

    Following the bell, Oracle announced the results of its fiscal third quarter, including revenue of $9.3 billion and earnings per share of $0.68. Investors expected the software company to earn $0.68 per share on revenue of $9.46 billion. The company stressed the impact that a quickly changing currency market had on its earnings: Using stable currency exchange rates, Oracle noted that would… Read More

  • Intel Lowers Q1 Revenue Forecast By $900M To $12.8B Amid PC Sales Slump

    Intel Lowers Q1 Revenue Forecast By $900M To $12.8B Amid PC Sales Slump

    The shift away from desktop PCs to smartphones and other smaller computing devices is having a big impact on a major player in the PC market. Chipmaker Intel today lowered its revenue expectations by $900 million for its Q1 earnings that will come out on April 14. It now says Q1 sales will be $12.8 billion, “plus or minus $300 million,” versus earlier guidance of $13.7… Read More

  • About That Box Quarter

    About That Box Quarter

    Box reported earnings today for the first time as a public company. In the wake of the news, the company’s shares dropped sharply, and are currently down in after-hours trading down a sharp 13.10 percent. So did Box have a bad quarter? Not in the way that was originally reported by the media, your humble servant included. Read More

  • Get Ready For Box’s Earnings

    Get Ready For Box’s Earnings

    Box, a cloud storage and productivity company, will report its first quarterly earnings result today after the bell. The market expects Box to announce a $39.75 million loss on revenue of $58.03 million. Billings are expected to total $80.85 million for the period — Box’s fourth quarter of its fiscal 2015. Read More

  • Salesforce Shares Spike To All-Time High After Meeting Street’s Profit Estimate, Boosting Its Full-Year Guidance

    Salesforce Shares Spike To All-Time High After Meeting Street’s Profit Estimate, Boosting Its Full-Year Guidance

    Sometimes when a company reports in-line earnings, its stock price takes a knuckle to the temple. Other times, if a firm meets market expectations, it gets a nice pop in value. Enter Salesforce the Latter. Today after the bell, Salesforce reported $1.44 billion in fourth quarter revenue, and adjusted earnings per share of $0.14. Both were dead in-line with market expectations. The… Read More

  • Hortonworks Misses On Revenue And Profit In Lackluster Q4

    Hortonworks Misses On Revenue And Profit In Lackluster Q4

    Let’s talk about money! Hortonworks reported its earnings today, the first time it has as a public company! :) Revenues for its fourth quarter totaled $12.7 million, up 55 percent on year-over-year basis. :) But investors had expected the company to report revenue of $13.42 million. :( The company lost money in the quarter, $90.6 million using normal accounting methods (GAAP). Read More

  • The New Rules Of Going Public

    The New Rules Of Going Public

    According to a recent report, Twilio wants to go public. Twilio, a company that provides software-based communications tools for developers, closed out 2014 on a $100 million annual run rate. Or, put another way, Twilio brought in just over $8 million in top line last December. Box, New Relic and Hortonworks each recently proved that the IPO window is open and that investors have an appetite… Read More