earnings

  • eBay is having a pretty bad day

    eBay is having a pretty bad day

    eBay is not having a great afternoon after posting a pretty ho-hum third quarter that fit roughly in line with analyst estimates, but perhaps not seeing the kinds of leaps that Wall Street is looking for heading into the fourth quarter. The company said it added an additional 2 million  active buyers and now says it has 168 million global active buyers. But even with buyer numbers as large… Read More

  • Netflix’s original content costs are ballooning

    Netflix’s original content costs are ballooning

    Netflix today once again showed that its subscriber growth is on a tear — especially its growth internationally — but a note in the report may indicate one of the biggest challenges the company faces going forward. Netflix took home 20 Emmy awards this year, and that’s thanks to its enormous investments in original content. Shows like “Stranger Things,”… Read More

  • Netflix crushes its own expectations for subscription growth again

    Netflix crushes its own expectations for subscription growth again

    Netflix is still on its rounded-up-to-pretty-great run as it continues to add more and more subscribers, and once again is outstripping its own estimates for growth. Today the company said it added 5.3 million new total subscribers, with 850,000 coming in the U.S. and 4.45 million coming from international markets. Netflix is spending very aggressively on original content, and so far it looks… Read More

  • 7 huge business storylines for this quarter’s earnings season

    7 huge business storylines for this quarter’s earnings season

    It’s that time of the year again: earnings season. It’s a finance nerd’s dream, but for the rest of the world, it’s important because some of the biggest technology companies in the world spill their guts to the public. We get to see who’s winning, who’s losing and what’s going wrong. So, on that note, here are a few big story lines we’re… Read More

  • Tesla has fired hundreds of employees after performance reviews

    Tesla has fired hundreds of employees after performance reviews

    Tesla fired hundreds of employees following what the company said is an annual performance review process, the company told TechCrunch. The news was first reported by The Mercury News. “Like all companies, Tesla conducts an annual performance review during which a manager and employee discuss the results that were achieved, as well as how those results were achieved, during the… Read More

  • Salesforce slides past its $10B annual run rate target

    Salesforce slides past its $10B annual run rate target

    Salesforce reported its second-quarter earnings today, saying it brought in $2.56 billion in revenue on earnings of 33 cents per share. This is a beat on both fronts, but the stock dipped slightly in extended trading after seeing a rather stunning run-up over the course of the year. Read More

  • Blue Apron is having a really bad day

    Blue Apron is having a really bad day

    Things are not going so well for Blue Apron this morning after reporting its second-quarter earnings (its first earnings report ever), and the stock is crashing as a result of it. The company’s stock is down more than 14 percent on the earnings report, which came in pretty mixed compared to what Wall Street wanted. Read More

  • Blue Apron sees some signs of life as it pulls back its marketing engine

    Blue Apron sees some signs of life as it pulls back its marketing engine

    Amid the ever-present specter of Amazon, Blue Apron reported its second-quarter earnings today — where it showed a mixed performance for Wall Street, but also some small much-needed improvements in certain metrics. The biggest drag on the company was that it said it was paring back its marketing expenses between the first and second quarter, resulting in a 9% decrease in total customers… Read More

  • Snap’s earnings this week will once again test its place in the advertising universe

    Snap’s earnings this week will once again test its place in the advertising universe

    Snap will report its second earnings report this week, which will once again look to answer the question: is there room on the advertising spectrum for Snap? The answer during its last earnings report (its first as a public company) was a resounding to be determined. The company’s stock has been hammered in the past several months falling well below its IPO price, which is not great… Read More

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