Earnings

When will customers start buying all those AI chips?

It’s the best and worst time to be in semiconductors right now. Silicon Valley investors are once again owning up to their namesakes and taking a deep interest in next-generation silicon, with leadi

Smart TVs add fuel to Xiaomi’s Q1 earnings

Chinese smartphone company Xiaomi just released its first quarterly results since announcing its $1.48 billion pledge to focus on smartphones and “AIoT,” an acronym for Internet of Things

Baidu, China’s answer to Google, reports first quarterly loss since 2005

Baidu, heralded as the Google of China, felt the heat from its continued spending on artificial intelligence and other next-gen technologies that have yet to reach the mass market as it unveiled troub

Pinterest delivers first earnings report as a public company

Pinterest (NYSE: PINS) posted revenues of $202M on losses of $41.4M for the three months ending March 31, 2019.

Walmart beats on earnings in Q1, with US e-commerce up by 37%

Walmart’s investments in e-commerce are paying off. The retailer today announced its U.S. e-commerce sales grew by 37% in the first quarter, largely thanks to its booming online grocery business

Tencent’s mixed bag for Q1: record profit despite weakest revenue growth yet

Tencent, Asia’s largest tech firm, had a horrific 2018 on account of a country-wide freeze on new game monetization in China, but there’s evidence it has turned the corner. The company&#82

Lyft lost $1.14B in Q1 2019 on $776M in revenue

In its first-ever earnings report as a public company, Lyft (Nasdaq: LYFT) failed to display progress toward profitability. The ride-hailing business, which raised $2 billion in a March initial public

Once a major name in smartphones, LG Mobile is now irrelevant — and still losing money

LG was once a stalwart of the smartphone industry — remember its collaboration with Facebook back in the day? — but today the company is swiftly descending into irrelevance. The latest pro

Square reports Q1 sales of $489M, up 59%, but net loss widens to $38M

After Square issued weak guidance in Q4, all eyes were on the payments company to see what kind of growth it really had in Q1. Results reported today underscored some of the challenges the company

Apple’s stock jumps 5% after beating expectations

Apple released earnings for its fiscal second quarter today, reporting revenue of $58 billion, a decline of 5% from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10%. I

Security giant FireEye’s Q1 earnings in line with expectations, but outlook light

FireEye, one of the largest and most prominent security companies on the market, reported its fiscal first-quarter earnings after the bell Tuesday. The cybersecurity giant reported first-quarter loss

Samsung sees Q1 profit plummet 60%

Samsung’s Q1 earnings are in and, as the company itself predicted, they don’t make for pretty reading. The Korean giant saw revenue for the three-month period fall by 13 percent year-on-ye

Alphabet misses on Q1 revenues of $36.3B; EPS of $9.50 weighed down by the $1.7B European fine

After warning investors that it would be taking a $1.7 billion (€1.5 billion) charge this quarter due to a fine from the European Commission over anticompetitive advertising practices, today Google

Spotify Q1 hits 100M paying users, 217M overall, beats on sales but loss widens to $159M

As Amazon reportedly gears up to offer its own hi-fi music streaming service, Spotify has posted its Q1 figures. One significant milestone: the world’s currently biggest music streaming service

Amazon beats optimistic profit expectations for Q1

Amazon announced today that it has beat Wall Street’s already optimistic Q1 projections. The e-commerce giant’s revenues have slowed a bit, contributing to moderate fluctuations in after-hours tra

Despite declines for the quarter, Tesla is bullish on its overall energy business

Even as its solar business declined in step with its overall earnings, Tesla is bullish on the prospects for the energy side of its business over the course of the year. The energy business is an unhe

Microsoft beats expectations with $30.6B in revenue as Azure’s growth continues

Microsoft reported its quarterly earnings for Q3 2019 today. Overall, Wall Street expected earnings of about $1 per share and revenue of $29.84 billion. The company handily beat this with revenue of $

Facebook reserves $3B for FTC fine, but keeps growing with 2.38B users in Q1

A massive penalty hangs over Facebook’s head, but it otherwise had a very strong Q1 earnings report. Facebook reached 2.38 billion monthly users, up 2.5 percent from 2.32 billion in Q4 2018 when

EBay beats with revenues of $2.6B and EPS of $0.67 as restructuring takes shape

As eBay continues to work through a restructuring strategy, the e-commerce marketplace and online auction pioneer reported earnings for the first quarter of the year that should keep some of the more

Snapchat revives growth in Q1 beat with 190M users

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 mil
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