earnings

  • LinkedIn up 5% after beating earnings expectations

    LinkedIn up 5% after beating earnings expectations

    LinkedIn surprised Wall Street on Thursday, with better-than-expected first quarter results. Shares jumped about 5 percent in after-hours trading. The company reported adjusted earnings per share of 74 cents, significantly higher than the expected 60 cents. Revenue for the quarter was $861 million, above the anticipated $828 million and a 35 percent year-over-year increase. This was a… Read More

  • Amazon’s Web Services are shining in its latest earnings beat

    Amazon’s Web Services are shining in its latest earnings beat

    Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. The big one here, in particular, is Amazon Web Services. AWS has become a go-to for most businesses, so it’s not surprising that it’s seeing that segment continue to grow steadily. The… Read More

  • Apple’s loudest activist investor just dumped his stake

    Apple’s loudest activist investor just dumped his stake

    Carl Icahn, one of Apple’s biggest activist investors, told CNBC he has exited his position in the company. He was known for basically trying to pressure Apple into bumping up its efforts to return value to investors. At the time he declared his position, Apple was in the process of a $100 billion several-year capital return program that included buybacks and dividends, but that… Read More

  • Samsung posts strong first-quarter results thanks to the S7’s success

    Samsung posts strong first-quarter results thanks to the S7’s success

    Samsung Electronics delivered strong results for the first quarter of 2016, thanks to sales of the Galaxy S7 and S7 Edge, its flagship smartphones. Read More

  • Facebook is adding a new class of stock that will help keep Zuckerberg in control

    Facebook is adding a new class of stock that will help keep Zuckerberg in control

    Facebook today, as part of its earnings release, said it would add a new class of non-voting stock for the company, which will keep Mark Zuckerberg in control of the company. “This proposal is designed to create a capital structure that will, among other things, allow us to remain focused on Mr. Zuckerberg’s long-term vision for our company and encourage Mr. Zuckerberg to remain in… Read More

  • Everything you need to know about Apple’s huge second-quarter miss

    Okay folks, this is the big one. Last year the company brought in revenue of $58 billion — and it showed its first decline in 13 years by posting revenue of $50.6 billion for the second quarter this year, missing analyst expectations on its revenue and guidance by quite a bit. We’re parsing through all the details right now — here’s everything you need to know… Read More

  • eBay shares rise 5% after beating earnings expectations

    eBay shares rise 5% after beating earnings expectations

    eBay surpassed first quarter earnings expectations when it reported after the bell on Tuesday. Shares ticked up 5% following the announcement. The e-commerce giant brought in $2.1 billion in revenue, when analysts were expecting $2.08 billion. The company also posted an adjusted 47 cents per share, when Wall Street was forecasting 45 cents. eBay also reported quarterly gross merchandise… Read More

  • Microsoft’s Q3 misses with EPS of $0.62, revenue in line at $22.1B

    Microsoft’s Q3 misses with EPS of $0.62, revenue in line at $22.1B

    Microsoft today announced earnings for its third financial quarter of 2016. The company reported non-GAAP revenue of $22.1 billion for the last quarter and $0.62 of adjusted earnings per share (EPS) and $0.47 GAAP EPS. Wall Street expected Microsoft to report an EPS of $0.64 on revenue of just under $22.1 billion. Microsoft’s own guidance for the quarter was for revenue to be… Read More

  • Square beats its fourth-quarter revenue expectations

    Square beats its fourth-quarter revenue expectations

    Square, which has been on a bit of a run lately, posted a quarter where it beat revenue estimates and saw its shares pop slightly after it reported its fourth-quarter earnings. This was Square’s first time reporting quarterly earnings as a public company, and it looks like the results weren’t that bad, aside from a miss on earnings expectations. Square reported an adjusted loss of… Read More

  • Box soars 13 percent on earnings beat

    Box soars 13 percent on earnings beat

    Cloud storage company Box reported fourth-quarter earnings after the bell on Wednesday, sending the stock up 13 percent in after-hours trading. Better-than-expected results brought the stock slightly above the $14 barometer from last year’s IPO price. Fourth-quarter revenue was $85 million, a 36 percent increase from the same period last year and above analyst expectations of $82… Read More

  • Etsy Shares Spike 13% As It Reports Strong Revenue In Fourth Quarter

    Etsy Shares Spike 13% As It Reports Strong Revenue In Fourth Quarter

    Etsy didn’t have a good 2015, but it was still able to finish on the stronger side. Today the company reported its fourth-quarter results, coming in at $87.9 million in revenue and a loss of 4 cents per share. Analysts were expecting a loss of 1 cent per share on revenue of $86.5 million. Another important number to track here was the company’s gross merchandise sales (GMS)… Read More

  • Fitbit Plummets 16% In After-Hours Trading

    Fitbit Plummets 16% In After-Hours Trading

    Fitness gadget-maker Fitbit tumbled 16% in after-hours trading, with investors disappointed by the company’s guidance for the current quarter. Fitbit is forecasting $420 million to $440 million in revenue for the current quarter and adjusted earnings per share is expected to be between zero and two cents. Yet San Francisco-based Fitbit announced significantly better-than-expected… Read More

  • Earnings Review: Groupon Spikes, Pandora Mixed and Twitter’s Flat User Growth

    It’s over! (Nearly.) This week was the last set of big earnings reports, barring a few happening early March — Square and Box, to be exact. It was a wild week, to be sure. Groupon (surprise!) beat expectations, sending the stock soaring. Pandora was reportedly in buyout talks, and had a mixed quarter, giving the company a bouncy ride during the day. And then there’s Twitter. Read More

  • Microsoft Beats On Strong Cloud Revenue With $25.7B Revenue, $0.78 EPS

    Microsoft Beats On Strong Cloud Revenue With $25.7B Revenue, $0.78 EPS

    Microsoft today reported earnings for its second financial quarter of 2016 (I know, that’s weird, but Microsoft’s financial year ends in June). The company reported non-GAAP revenue of $25.7 billion for the last quarter and $0.78 of adjusted per-share profit. Wall Street expected Microsoft to deliver an EPS of $0.71 on revenue of $25.26 billion. In the year-ago quarter, the… Read More

  • Samsung Issues Fourth-Quarter Results, Expects Earnings To Slow This Year

    Samsung Issues Fourth-Quarter Results, Expects Earnings To Slow This Year

    Samsung Electronics warned investors today in its fourth-quarter earnings report that its next two quarters will be weakened by economic issues and a softer IT market. The Galaxy smartphone maker said it expects profits to remain flat during the first six months of 2016, but hopes for a recovery in the second half of the year. Read More

  • Foreign Exchange Weighs On Apple’s Q1 Sales To The Tune Of $5B

    Foreign Exchange Weighs On Apple’s Q1 Sales To The Tune Of $5B

    Apple today reported another record set of results, beating expectations with an all-time high profit of $18.4 billion and revenues of $75.9 billion, with some $216 billion in cash now on its balance sheet. But it could have made even more were it not for the strength of the dollar compared to other currencies. The iPhone maker said that in constant currency, Q1 2016 revenue “would… Read More

  • Apple TV And Apple Watch (Probably) Had A Big Quarter

    Apple posted its quarterly earnings after the bell on Tuesday, showcasing record profits of $18.4 billion. While the release made it easy to determine that 74.8 million iPhones were sold, in line with analyst estimates, Apple’s “other” category makes it difficult to assess how many Apple Watches and TVs were purchased. Read More

  • Apple Beats Earnings Expectations, But Misses On iPhone Sales

    Apple Beats Earnings Expectations, But Misses On iPhone Sales

    It was a hugely important quarter for Apple, and it looks like it came about in line with what investors were expecting — including, potentially, the company’s first sales decline going into the second quarter. Apple said it recorded $75.9 billion in revenue and earnings of $3.28 per share in the first quarter. That represents a record quarter for Apple on revenue, but slightly… Read More

  • Overstock.com Down 6% On 3rd-Quarter Earnings

    Overstock.com Down 6% On 3rd-Quarter Earnings

    Overstock.com reported third quarter earnings after the bell Monday. The Utah-based discount e-tailer reported a quarterly loss of 8 cents per share or $2.1 million, down from $1.6 million in profit last year. Overstock brought in $391.2 million in revenue, an 11% increase year-over-year, but beneath the Yahoo Finance analyst estimate of $401.6 million. A 9% increase in total orders coupled with… Read More

  • Tableau Software Soars 17% On 3Q Earnings

    Tableau Software Soars 17% On 3Q Earnings

    Data provider Tableau Software reported third quarter earnings after the bell on Thursday, posting an adjusted earnings per share of 14 cents, blowing past analyst expectations of 7 cents. Shares ticked up 17 percent in after-hours trading. Revenue grew to $170.8 million, up 64 percent year over year on strong international growth. Analysts surveyed by Yahoo Finance were expecting just… Read More

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