Earnings

  • Groupon reports better-than-expected revenue, still not profitable

    Groupon reports better-than-expected revenue, still not profitable

    Deal site Groupon saw its shares rising today in after-hours trading, following a better-than-expected second quarter earnings report. Analysts expected the Chicago-based company to report negative earnings per share of $0.02 on revenue on a non-GAAP basis, and $713.8 million in revenue, according to Estimize data. But Groupon beat Wall Street revenue expectations with second… Read More

  • GoPro sales beat investor expectations but are still in steep decline

    GoPro sales beat investor expectations but are still in steep decline

    Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10 percent in after-hours trading, but then were down 3 percent as investors dug through the earnings release. And then they were back up about 3 percent. The company posted revenue of $220.7 million, above analyst forecasts of $194 million. Adjusted earnings per share was negative… Read More

  • Wix.com reports 2Q loss but beats expectations

    Wix.com reports 2Q loss but beats expectations

    Wix.com, the Israeli company that helps small business owners build websites, today reported earnings for its second financial quarter of 2016. For the quarter ending June 30, the Tel Aviv-based software provider posted growing revenue and a loss. Wix posted a net loss of $11.4 million, or 28 cents loss a diluted share, compared to a loss of $12.3 million, or 31 cents loss per share in… Read More

  • Nintendo reports $49M loss as Wii U sales plummet in Q1 2016

    Nintendo reports $49M loss as Wii U sales plummet in Q1 2016

    It’s finally here folks, Nintendo’s quarterly earnings day has never been so anticipated. But the Pokémon phenomenon hasn’t translated into success for the games giant, which carded a $49 million loss (5.13 billion yen) for Q1 2016. Revenue came in at $587 million (62 billion yen), 30 percent lower than Q1 2105. Read More

  • Apple R&D spending is up as the company looks to new products

    Apple R&D spending is up as the company looks to new products

    The big takeaway from today’s Apple earnings call: The company is investing in the future. While it’s true that revenue took a dip from $49.61 billion this quarter last year down to $42.4 billion, Cupertino’s research and development spending continues to trend upward. Over the past nine months, the company spent $7.475 billion on R&D — that compares to $5.847… Read More

  • Apple’s revenue dives 33 percent in Greater China

    Apple’s revenue dives 33 percent in Greater China

    China impacted Apple’s bottom line quite a lot this quarter — and not in a good way. But the company still plans to invest in the country, Apple CEO Tim Cook said right after the company announced its earnings for Q3 2016. Read More

  • Tinder subscriber growth disappoints Match investors

    Tinder subscriber growth disappoints Match investors

    Match Group reported second quarter earnings after the bell on Tuesday. At first shares rose about in initial after-hours trading, but then they were down 5% as investors were disappointed by subscriber growth and guidance for the year. The owner of dating sites including Tinder, OkCupid and Match.com reported $301 million in revenue, above analyst expectations of $297 million. Adjusted… Read More

  • Twitter dives after mixed Q2: $602M sales, $0.13 EPS, MAUs up 3% 313M

    Twitter dives after mixed Q2: $602M sales, $0.13 EPS, MAUs up 3% 313M

    Twitter today reported Q2 earnings, and the woe that is its poor user growth continues, with its 313 million monthly active users up just 3% on a year ago, and up less than 1% on its previous quarter. The company reported revenues of $602 million with adjusted earnings per share of $0.13. While revenues are up 20% on a year ago, the numbers were a miss on sales and a beat on EPS: analysts… Read More

  • Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94

    Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94

    Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarter earnings report, the telecom giant continues to feel the pressure of declines in its legacy business. The Q2 report shows total operating revenue of $30.5 billion and earnings per share of 94 cents. That’s a miss on revenue, but a… Read More

  • Investors realize Nintendo didn’t develop Pokémon Go and shares plummet

    Investors realize Nintendo didn’t develop Pokémon Go and shares plummet

    Nintendo’s shares plunged after the company said late Friday that the worldwide success of Pokémon Go will not significantly impact its financial results. Nothing Nintendo disclosed about the ownership of the game was new information, but markets were shocked anyway. The stock sank 18 percent to 23,220 yen at the close in Tokyo, the maximum one-day move allowed by the exchange… Read More

  • PayPal ticks up 2% on earnings, Visa partnership

    PayPal ticks up 2% on earnings, Visa partnership

    PayPal reported earnings after the bell on Thursday, showing $2.65 billion in revenue for the quarter, when analysts were expecting $2.6 billion. Adjusted earnings per share was also in line with Wall Street estimates at 36 cents. Shares ticked up 2 percent in after-hours trading, in part because of a Visa announcement that was timed with earnings. The new partnership with Visa emphasized… Read More

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