earnings

  • 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

  • Verizon fourth quarter earnings fall short of analyst expectations

    Verizon this morning reported adjusted fourth quarter earnings of 86 cents per share, on revenue of $32.3 billion. On the earnings side, that falls short of what Wall Street analysts had expected — EPS of 89 cents per share and $32.1 billion in revenue. That also marks a 5.6 percent revenue decline from the fourth quarter of 2015. Verizon said it added 591,000 postpaid wireless… Read More

  • Yahoo surprises no one by pushing back its Verizon acquisition close date

    Yahoo surprises no one by pushing back its Verizon acquisition close date

    Yahoo reported its fourth quarter earnings to date, where as usual the financial metrics don’t really matter because the company is in the process of getting acquired by Verizon. There is, however, a very interesting footnote: the acquisition, expected to close in the first quarter, is getting pushed back to the second quarter this year. The company offered basically no explanation for… Read More

  • Netflix’s international growth is exploding as its looks beyond the U.S.

    Netflix’s international growth is exploding as its looks beyond the U.S.

    Holy cow, we have quite the beat for Netflix. Netflix added nearly 2 million new subscribers domestically and around 5 million subscribers internationally in the fourth quarter this year, the company said today. Wall Streets expectations for the fourth quarter fell far below that, coming in at 1.38 million and 3.78 million respectively. We’ll address the financial parts of the… Read More

  • Alphabet tried to convince Wall Street it’s not just a search engine this year

    Alphabet tried to convince Wall Street it’s not just a search engine this year

    Google (or Alphabet, if you prefer) has long been plagued with a problem with its advertising business: while the number of ads people are clicking on has been growing, the value of those ads has been constantly dropping. Google has always excelled at showing the best ads against a search result, but that business may not last forever as the way people interact with technology starts to… Read More

  • Apple’s bulletproof Wall Street growth story came to a halt this year

    Apple’s bulletproof Wall Street growth story came to a halt this year

    This year was an interesting one for Apple — but not necessarily in a good way. iPhones aren’t selling the way they used to, the Apple Watch isn’t a big hit and Alphabet is emerging as a bigger and formidable competitor. And that has Wall Street asking some serious questions about Apple’s future. Read More

  • Box shows strong sales growth in third quarter earnings

    Box shows strong sales growth in third quarter earnings

    Cloud storage company Box reported third-quarter earnings after the bell on Wednesday, beating Wall Street expectations with a record $102.8 million in revenue, a 31 percent increase year-over-year and above predictions of $100.64 million. Adjusted earnings per share showed a loss of 14 cents, better than the negative 19 cents that analysts were forecasting and a 17-cent improvement from… Read More

  • Crunch Report | GoPro Seriously Botches Earnings

    GoPro’s earnings report is pretty bad, Yelp to lay off 4% of workforce, YouTube upgrades its comments system, Ford has ideas for last-mile tech and the Obama administration looks to create 48 national charging corridors for electric vehicles. All this on Crunch Report. Read More

  1. 1
  2. 2
  3. ...