Earnings

Adobe could be the next $10 billion software company

Adobe reported its Q2 FY’18 earnings yesterday and the news was quite good. The company announced $2.2 billion in revenue for the quarter up 24 percent year over year. That puts them on an impressiv

Salesforce keeps revenue pedal to the metal with another mammoth quarter

Salesforce just keeps on growing revenue. In another remarkable quarter, the company announced 3.01 billion in revenue for Q1 2019 with no signs of slowing down. That puts the CRM giant on a run rate

Meet the speakers at The Europas, and get your ticket free (July 3, London)

Excited to announce that this year’s The Europas Unconference & Awards is shaping up! Our half day Unconference kicks off on 3 July, 2018 at The Brewery in the heart of London’s “Tech Ci

Tencent profit jumps 61% to $3.7B as its mobile gaming business surges

Warnings that Tencent, Asia’s highest-valued tech company, might suffer a rare poor quarter of business proved unwarranted after the company smashed analyst expectations for its latest earnings

Equity podcast: Stocks swing after earnings for Tesla, Apple, Spotify, Snap

It was another big week for earnings on “Equity,” TechCrunch’s podcast about venture capital and the tech business. But this week, it wasn’t all good news. Spotify stumbled aft

Alibaba beats forecasts with 61% growth and predicts more of the same for the next year

Alibaba is forecasting yet more growth for its business after it beat analyst forecasts with its fourth-quarter results. Revenue came in at 61.9 billion RMB ($9.9 billion), an increase of 61 percent y

Pandora shares up 8% after surprise earnings beat

Pandora’s quarterly earnings report was music to investors’ ears. The digital radio platform reported a better-than-expected first quarter report after the bell on Thursday, sending shares

Fitbit beats revenue expectations slightly, but tracker sales are still down

Fitbit scored a small coup on earnings this week, ever so slightly beating revenue expectations for the quarter. The company pulled in $247.9 million, up over Wall Street’s expected $247.3 million.

Tesla earnings show record revenues with record losses

Tesla reported its Q1 2018 earnings today, posting adjusted losses of $3.35 per share with revenues of $3.4 billion. This is technically a beat, as analysts expected Tesla to report a loss of $3.48 a

Spotify misses on revenue in first earnings report with 170M users

In Spotify’s first ever earnings report, the streaming music came up a little short, pulling in $1.36 billion revenue in Q1 2018. That’s compared to Wall Street’s estimates of $1.4 b

Yawn: Amazon cloud business just keeps rolling along

It’s almost becoming boring reporting that the Amazon cloud had a monster quarter. It’s not news at this point, because of course they did. Yesterday, it once again blew away analyst expec

By keeping its head in the cloud, Microsoft makes it rain on shareholders

Thanks in part to its colossal cloud business, Microsoft earnings are drenching shareholders in dollars. For the quarter ending March 31, 2018, the tech ringer from Redmond saw its revenue increase to

Amazon up 7% following earnings beat

Amazon reported first-quarter earnings after the bell on Thursday, sending shares up 7 percent in after-hours trading after its significantly better-than-expected report. The company reported earnings

Samsung tempers record earnings with pessimistic smartphone outlook

Samsung’s latest earnings report is a succinct lesson in hoping for the best and preparing for the worst. The actual news here is pretty positive, as the company reports a record operating profit, c

Nintendo’s annual profit rockets by 500% after selling 15M Switch consoles

Nintendo has announced impressive financial results thanks to strong sales its Switch console, and a new CEO. Operating profit rose by a huge 505 percent to reach 178 billion yen ($1.6 billion) over

PayPal shares tick up after surpassing expectations for the quarter

PayPal reported its first-quarter results after the bell on Wednesday, sending shares up about 3 percent in after-hours trading, due to better-than-expected numbers. Adjusted earnings per share for th

Facebook beats in Q1 and boosts daily user growth to 1.45B amidst backlash

Amongst massive criticism over data privacy, Facebook showed the resiliency of its advertising machine by beating Wall Street’s $11.41 billion revenue estimate in its Q1 2018 earnings report by

Twitter revoked API access for 142K apps covering 130M ‘low-quality’ tweets in 1 week under new terms

Twitter is making good on its pledge to fight the persistent problems of spam, bots, harassment and misinformation that have plagued the social platform for years. Today, in its generally positive Q1

LG forecasts record Q1 profit despite its struggling smartphone division

LG’s mobile business may be a serial loss-maker, but the rest of the Korean firm’s interests are doing pretty well… better than ever actually according to its newest earnings forecas

Samsung, now the world’s largest chipmaker, forecasts record Q1 profit

Samsung has released primarily guidance for its Q1 2018 financial period and the signs are that it will be another blockbuster. The Korean tech giant’s sales in 2017 were enough to see it unseat
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