earnings

  • Microsoft meets expectations with $23.6B in revenue, Azure revenue up 93%

    Microsoft meets expectations with $23.6B in revenue, Azure revenue up 93%

    Microsoft just reported earnings for the last quarter. The company reported non-GAAP revenue of $23.6 billion and non-GAAP earnings per share of $0.73. Wall Street’s cadre of crack analysts expected the company’s earnings per share to come in at around $0.70, with revenue hitting about $23.6 billion. In the year-ago quarter, Microsoft reported earnings per share of $0.62. Wall… Read More

  • Amazon blows past earnings expectations

    Amazon blows past earnings expectations

    Amazon reported first-quarter earnings after the bell on Thursday. The company shattered earnings expectations, reporting $1.48 per share, when Wall Street was expecting $1.12. Net income stood at $724 million. Read More

  • Alphabet’s efforts beyond search are ballooning into their own huge businesses

    Alphabet’s efforts beyond search are ballooning into their own huge businesses

    Alphabet’s advertising business seems to be following the same pattern these days — but its operations beyond that look like they are beginning to grow into strong businesses in their own right. The company reported its first-quarter earnings today that outperformed what Wall Street expected, with its advertising business once again continuing to generate an enormous amount of money. Read More

  • PayPal shares up 7% after better-than-expected earnings

    PayPal shares up 7% after better-than-expected earnings

    PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that many were predicting, shares rose 7 percent in initial after-hours trading. Net income was $384 million, up 5 percent from last year. Read More

  • Twitter shares spike 10% after it delivers a much-needed earnings beat

    Twitter shares spike 10% after it delivers a much-needed earnings beat

    Twitter delivered a surprising and much-needed positive quarterly earnings report this morning — and it’s finally seeing some positive moves in its stock price. That’s going to be important going forward, as the company needs to convince Wall Street it can stay independent and also attract talent. Twitter, as we’ve seen time and again, reports a huge stock-based… Read More

  • Twitter desperately needed a hit first-quarter and somehow managed to deliver

    Twitter desperately needed a hit first-quarter and somehow managed to deliver

    In an very un-Twitter move, the company completely beat out the increasing decline of its business that tech observers were expecting. This is a hugely positive sign for the company, which has seen continued bad news on the whole company operating front. Not only was it able to generate more money than expected, its user numbers also made a surprising spike. Twitter’s faced a ton of… Read More

  • TechCrunch’s first-quarter tech earnings season prop bets

    TechCrunch’s first-quarter tech earnings season prop bets

    Here at TechCrunch, we tend to pay close attention to the earnings reports of the big companies. And for good reason! It gives us some insight into major technology trends and some signals that can help us not only predict what products are going to be around in a few years (not mentioning any names), but also directionally what kinds of startups might be successful. But! Sometimes these… Read More

  • Box’s Levie touts positive cash flow

    Box’s Levie touts positive cash flow

    Cloud content management company Box posted fourth-quarter earnings after the bell on Wednesday with shares quickly plummeting in initial after-hours trading. They mostly recovered, trading down just 1 percent by late afternoon. Box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. Revenue for the quarter was also a beat at… Read More

  • Pandora falls 4% on earnings news

    Pandora falls 4% on earnings news

    Internet music giant Pandora fell 4 percent in initial after-hours trading after the company released its fourth-quarter 2016 earnings results. Pandora actually beat expectations, but this was already worked into the stock because the company announced last month that they would beat guidance. Investors were apparently looking for something better. The earnings per share loss came in at 13… Read More

  • Twitter says product changes are main growth driver, not just the President’s usage

    Twitter says product changes are main growth driver, not just the President’s usage

    Twitter’s advertising business is stalling, but the company is trying to focus on some flashes of improvement among the service — which it’s attributing to product changes, and not just to major events like presidential debates or the President’s usage of Twitter. There were some questions as to whether President Donald Trump’s usage of Twitter would be something… Read More

  • Jack Dorsey says he’ll continue running both Square and Twitter

    Jack Dorsey says he’ll continue running both Square and Twitter

    As Twitter’s growth continues to stall and increasingly becomes an issue, Twitter CEO Jack Dorsey’s double-time running both Twitter and Square has become a big question mark — and Dorsey says he’s staying the course. “This focus, and this team, allows me and gives me a lot of confidence I can continue to focus on the meaningful things at both companies and we… Read More

  • Twitter’s advertising business is stalling

    Twitter’s advertising business is stalling

    Twitter may have re-oriented itself and laid off part of its workforce to streamline its business, but it still doesn’t look like it is bringing in enough money to keep Wall Street happy. Here is the biggest data point from the company’s fourth-quarter earnings report: according to the company, advertising revenue totaled $638 million, which was down slightly year-over-year. A… Read More

  • Apple Services have a huge quarter as App Store sees ‘record activity’

    Apple Services have a huge quarter as App Store sees ‘record activity’

    Apple just released its first quarterly earnings report of the new year, and the company was quick to share that it was a banner quarter for the company’s Services segment which topped $7.17 billion, growing 18 percent year-over-year from $6.05 billion in Q1 of 2016. “Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we… Read More

  • Apple shares up 3% after company beats earnings expectations

    Apple shares up 3% after company beats earnings expectations

    Apple’s latest quarter surpassed earnings expectations, sending the stock up about 3% in initial after-hours trading. Its fiscal first quarter of 2017 saw record earnings of $3.36 per share, well above the $3.21 forecast by Wall Street. Revenue also beat, coming in at $78.4 billion, versus the $77.3 analysts were predicting. Investors were pleased that the company sold 78.3 million… Read More

  • Apple’s services are buoying its return to growth as its iPhone engine stalls

    Apple’s services are buoying its return to growth as its iPhone engine stalls

    It looks like Apple’s big bet on building an array of services like iCloud, Apple Music and the App Store is starting to be the big business the company hoped it would be. Wall Street and Apple had expected to return to growth this quarter following the holiday season, though it was supposed to be largely incremental. And while it wasn’t exactly a blowout, Apple still… Read More

  • Microsoft Q2 earnings edge higher on Office and cloud services growth

    Microsoft Q2 earnings edge higher on Office and cloud services growth

    Microsoft reported financials for its fiscal second quarter today, posting earnings of $0.83 per share on $26.1 billion in revenue. That compares with Wall Street’s forecast of $0.79 per share on revenue of $25.3 billion for the quarter, and earnings of $0.78 per share on revenue of $25.7 billion a year ago. Read More

  • PayPal continues to see strong revenue growth

    PayPal continues to see strong revenue growth

    PayPal reported fourth quarter earnings after the bell on Thursday, and they were just what investors were expecting. The stock was flat in initial after-hours trading. Revenue came in at $2.98 billion, which is on par with analyst estimates and a 17% increase from last year. Adjusted earnings per share was 42 cents, which is also what Wall Street was forecasting. Total payment volume was… Read More

  • Alphabet’s bets beyond search are starting to pay off

    Alphabet’s bets beyond search are starting to pay off

    Google reported mixed earnings for its fourth quarter today — but we’re starting to see some flashes of improvement in its “other bets” category, which is where it stuffs pretty much everything that lives outside of Google proper. In the fourth quarter, Alphabet’s other bets recorded $262 million in revenue, a healthy jump from $150 million in the fourth quarter… Read More

  • Qualcomm reaffirms it will continue to supply Apple during its legal dispute

    Qualcomm reaffirms it will continue to supply Apple during its legal dispute

    Qualcomm CEO Steve Mollenkopf said today on the company’s call accompanying its first-quarter earnings report that Qualcomm would continue to work with Apple as a supplier despite a major legal battle between the two companies. “We intend to remain a good supplier to Apple even while this dispute continues,” Mollenkopf said on the call. “Our preference is to… Read More

  • EBay meets investor expectations for holiday quarter

    EBay meets investor expectations for holiday quarter

    EBay reported its fourth quarter earnings for the bell. Investors were closely watching the holiday quarter to see if it met expectations, which it did. The stock rose 7% in initial after hours trading. Gross merchandise volume, a metric of that shows the total dollar value of all purchases on eBay’s platforms, came in at $22.3 billion, when analysts were expecting $22.4 billion. Read More

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