Earnings

  • Salesforce shares face plant despite beating analyst expectations

    Salesforce shares face plant despite beating analyst expectations

    Salesforce earnings came out today! They’re not great, either, and it looks like a weak outlook for the company’s third quarter is doing some damage to its shares, which were down as much as 8 percent. For a company that literally defined the phrase “software as a service” — basically, running your business online — and one that’s had a decent year… Read More

  • Box beats earnings expectations

    Box beats earnings expectations

    Box reported its second quarter fiscal 2017 earnings after the bell on Wednesday. The company beat estimates, posting an adjusted loss of 14 cents, compared to the 19 cents expected by analysts. They also surpassed revenue predictions, reporting $95.7 million instead of $94.65 million, which is up 30% from the same quarter last year.  Shares ticked up about 5% in initial after-hours trading… Read More

  • HP reports better than expected $0.48 EPS and $11.9B revenue in Q3

    HP reports better than expected $0.48 EPS and $11.9B revenue in Q3

    After the close of the bell, technology stalwart Hewlett-Packard announced better than expected numbers in their Q3 earnings report. This comes after a relatively flat week on the public markets for the company. Analysts expected an adjusted EPS of 44 cents on $11.44 billion in revenue. Instead, HP reported an EPS of $0.48 cents and revenue of $11.9 billion. The EPS numbers reported… Read More

  • Is big data in big trouble? Crunch Network

    Is big data in big trouble?

    We recently saw two critical developments in the big data and analytics space. Tableau released earnings and missed their forecast by $0.05; their stock dropped 5 percent. Then Hortonworks announced a revenue miss that sent the stock into a downward spiral. What’s going on with the business intelligence and Hadoop space? Read More

  • Alibaba posts record growth as mobile revenue tops desktop for first time

    Alibaba posts record growth as mobile revenue tops desktop for first time

    Alibaba saw record revenue growth in Q2 2016 as the company’s Chinese retail marketplaces surged and revenue from its users on mobile overtook that of desktops for the first time. Read More

  • JD.com, Alibaba’s fierce rival, targets profitability as revenue growth flattens

    JD.com, Alibaba’s fierce rival, targets profitability as revenue growth flattens

    JD.com, Alibaba’s closest rival in China, is targeting profitability after reported its Q2 2016 earnings which, while on target with expectations, saw revenue growth continue to slow. Read More

  • Yelp tops 2Q expectations, announces partnership with Nowait and names Jed Nachman as COO

    Yelp tops 2Q expectations, announces partnership with Nowait and names Jed Nachman as COO

    Following the bell today, Yelp reported a strong second quarter 2016 financial performance that made the stock soar almost 11 percent in after-hours trading. Yelp’s earnings release included better-than-expected revenue of $173.4 million and non-GAAP earnings per share of $0.16. As part of the earnings release, Yelp made two additional announcements. First, the company said it… Read More

  • Twilio beats expectations with revenue of $64.5M in solid Q2 earnings

    Twilio beats expectations with revenue of $64.5M in solid Q2 earnings

    Twilio, exceeded revenue expectations in Q2 earnings released today after the bell. Immediately share prices increased in after-hours trading before falling back to the market closing price. The cloud-communications company reported revenue of $64.5 million and a loss per share of $0.08. Twilio beat revenue by over 10 percent. Analysts had expected a loss of $0.14 per share on revenue… Read More

  • Zynga plummets 9% in after-hours trading

    Zynga plummets 9% in after-hours trading

    Social game developer Zynga tumbled 9 percent in after-hours trading following the second quarter 2016 earnings announcement after the bell today. The company reported a net loss of $4.4 million, while still beating analysts’ expectations in terms of revenue. For the second quarter ended June 30, the San Francisco-based maker of FarmVille and Words with Friends posted revenue of… Read More

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