Earnings

  • Tesla touts reliability and production improvements as reasons for Q3 success

    Tesla touts reliability and production improvements as reasons for Q3 success

    Elon Musk began Tesla’s earning call regarding its third-quarter results on an up beat: He suggested that Q4 will also be strong for the company, deflating some analyst commentary that the results for this most recent reporting period might’ve been up at the expense of the next one. “We currently believe Q4 will be profitable excluding non-cash stock-based expenses,”… Read More

  • Tesla says it actually posted a profit this quarter

    Tesla says it actually posted a profit this quarter

    Well that was unexpected — Tesla reported today in its third-quarter that it had earnings of 74 cents per share, compared to Wall Street’s expectations of a loss of 54 cents per share. In other words: Tesla said it actually made a profit this quarter on a GAAP basis. Tesla shares quickly jumped around 5.5 percent following the company posting a rare profit for the… Read More

  • iPhone revenues and unit sales dip in Q4 with 45.5M devices sold

    iPhone revenues and unit sales dip in Q4 with 45.5M devices sold

    Apple is still selling a lot of iPhones, but the numbers are continuing to slide from 2015 numbers. The company reported Q4 2016 iPhones sales of 45.51 million units. This compares to 48 million units sold in the same quarter of last year. These numbers are largely in keeping, if not slightly better, than Wall Street expectations. Analysts were expecting Apple to ship 45 million iPhones… Read More

  • Apple signals a return to sales growth for the holidays in its fourth-quarter earnings

    Apple signals a return to sales growth for the holidays in its fourth-quarter earnings

    All eyes are officially on the holiday season for Apple. Ahead of the Christmas retail season, Apple reported its fourth-quarter earnings that were directly in line with what Wall Street was expecting. Almost everything came as expected as the company stands in a basic holding pattern, waiting for the first full quarter of its next generation of iPhone sales to come in throughout the… Read More

  • Pandora’s latest quarter disappoints investors

    Pandora’s latest quarter disappoints investors

    In what has become a very competitive landscape for digital music, early pioneer Pandora is trying to remain a leader. The company reported third quarter earnings after the bell on Tuesday, giving a glimpse at the current health of their business. Pandora has seen its revenue grow to $351.9 million, up by 13% from the same period last year. Yet analysts had been expecting $366.1… Read More

  • Twitter decides to release earnings while most of us are sleeping because reasons

    Twitter decides to release earnings while most of us are sleeping because reasons

    A lot of the industry watchers that follow Twitter are out here on the West Coast, where the company is based. And for good reason! The Twitter diaspora exists in a large force out here and are great to keep in touch with in order to keep context, and it’s important to be in general geographic proximity of the company’s headquarters. Which is part of the reason we’re… Read More

  • PayPal ramps up mobile payments business

    PayPal ramps up mobile payments business

    PayPal reported third quarter earnings after the bell on Thursday. The global payments company reported an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. Adjusted earnings per share stood at 35 cents, in line with Wall Street expectations. However, some investors were disappointed to see that PayPal missed on total payment volume, a metric of total… Read More

  • Verizon says it’s “still evaluating” Yahoo discount as carrier sees another quarter of revenue decline

    Verizon says it’s “still evaluating” Yahoo discount as carrier sees another quarter of revenue decline

    Verizon, the largest carrier in the U.S. and owner of a large set of media properties via AOL (including TechCrunch), today reported mixed third-quarter earnings and saw growth in subscriber numbers. But it was light on a detail about the big elephant in the room: would it ask for a discount on its original, recent $4.83 billion offer to buy Yahoo? Update: During the analyst… Read More

  • EBay continues shift to “Amazon-esque” business

    EBay continues shift to “Amazon-esque” business

    EBay reported third-quarter earnings results after the bell on Wednesday. The company brought in revenue of $2.22 billion, narrowly beating estimates of $2.19 billion and up 6 percent year-over-year. Adjusted earnings per share came in at 45 cents, slightly above the analyst consensus of 44 cents. While its financials were up, the stock still fell more than 7 percent in early… Read More

  • 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

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