Earnings

Why Dropbox shares are soaring after it reported earnings

While the broader SaaS category has seen huge valuation gains in recent quarters, Dropbox has not. But perhaps the environment is changing for the company with its latest results.

Apple will miss revenue forecast as coronavirus impacts its manufacturing and sales

Today Apple announced that its prior financial forecast, provided during its January earnings cycle, is no longer valid. In a letter to investors today, the technology giant said that it “do[es]

Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate

Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for

Nvidia’s Q4 financials look to brighter skies with strong quarterly revenue growth

Major artificial intelligence and graphics chipmaker Nvidia reported its 2020 Q4 financials today (the company’s fiscal quarter ends on January 26th, 2020). The company announced revenues of $3.11 b

Profitability expectations ding Lyft despite better-than-expected growth

Hello and welcome back to our regular look at private companies, public markets and the gray space in between. This afternoon we’re digging into Lyft’s earnings results, unpacking the comp

Unpacking Uber’s new profitability promise

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday Uber reported its Q4 2019 financial performance. Today, following the n

Disney+ already has 28.6M subscribers

The Walt Disney Company just announced that its streaming service Disney+ has 26.5 million paying subscribers — ahead of the already impressive 25 million predicted by Wall Street analysts. (Update

Snapchat hits 218M users but big Q4 losses sink share price

Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year and an EPS of $0.03. That comes

What is going on with Tesla?

Shares of American electric car company Tesla are sharply higher again this morning, adding $122.40 (or 15.69 percent ) to their value before regular trading today. The gains come after Tesla has rapi

Alphabet earnings show Google Cloud on $10B run rate

Today after the bell, Alphabet reported its fourth-quarter and full-year financial results. The company’s revenue grew from $39.3 billion in 2018 to $46.1 billion in 2019. The firm’s net income al

After earnings, Amazon joins the $1T club as Alphabet dips out

American tech companies almost did something neat today before messing it up. After reporting earnings yesterday, Amazon’s shares shot higher this morning, pushing the company’s value nort

Daily Crunch: Facebook’s profits disappoint

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

Tesla shares jump on profitable quarter, Model Y production

Tesla continued its profitability streak in the fourth quarter, earning $105 million and generating nearly $7.4 billion in revenue, results that beat expectations and sent shares higher in after-marke

Microsoft shares rise after it beats revenue, profit expectations, Azure posts 62% growth

Today Microsoft reported its fiscal 2020 second quarter (calendar Q4 2019) results, including revenue of $36.9 billion (up 14%), net income of $11.6 billion (up 38%) and diluted earnings per share of

Facebook hits 2.5B users in Q4 but shares sink from slow profits

Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price. Facebook reached 2.5 billion monthly users, up 2%, from 2.45 billion in Q3 2019 when it grew 1.65%, and it

Daily Crunch: Apple reports better-than-expected revenue

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

Apple to start online sales in India in Q3 this year

Apple’s much-awaited online store in India will be operational starting Q3 this year, a little longer than previously expected, a source familiar with the matter told TechCrunch. The iPhone-maker sa

Apple reports a record $12.7B in services revenue

Apple’s increasing focus on its services business seems to be paying off, with the company reporting a record $12.7 billion in services net sales during the first quarter of its fiscal year —

Apple shares rise after company reports better-than-expected revenue of $91.8B

Today after the bell, Apple reported the results of the first quarter of its fiscal 2020. The company’s revenue totaled $91.8 billion, far ahead of expectations of $88.43 billion. At the same ti

Most tech companies aren’t WeWork

Much attention has been focused on big-burn “software-enabled” startups, but most tech IPOs in the last few years have been SaaS startups.
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