earnings

  • HP reports better than expected $0.48 EPS and $11.9B revenue in Q3

    HP reports better than expected $0.48 EPS and $11.9B revenue in Q3

    After the close of the bell, technology stalwart Hewlett-Packard announced better than expected numbers in their Q3 earnings report. This comes after a relatively flat week on the public markets for the company. Analysts expected an adjusted EPS of 44 cents on $11.44 billion in revenue. Instead, HP reported an EPS of $0.48 cents and revenue of $11.9 billion. The EPS numbers reported… Read More

  • Cisco confirms it will cut up to 5,500 jobs, or 7% of its global workforce

    Cisco confirms it will cut up to 5,500 jobs, or 7% of its global workforce

    We caught wind earlier this week that Cisco was planning a major cost-cutting operation to reduce its costs by around 15% throughout the month. It looks like the first stage of that is a round of cut jobs, with Cisco announcing as part of its earnings report that it will cut up to 5,500 jobs, or 7% of its workforce. The move isn’t unexpected as Cisco works to transition to a new era where… Read More

  • Tesla misses Q2 earnings, delivers 14,402 vehicles

    Tesla misses Q2 earnings, delivers 14,402 vehicles

    Tesla missed its Q2 earnings targets today in a report released after the close of the market. Tesla executives are not wavering on yearly targets, despite a slower than expected quarter. All of this comes amidst a seemingly never-ending wave of Tesla headlines dominating Silicon Valley over the last few weeks. The energy company born out of an automobile company reported non-GAAP Q2 revenue… Read More

  • Jack Dorsey gets a much-needed strong second quarter performance from Square

    Jack Dorsey gets a much-needed strong second quarter performance from Square

    Jack Dorsey really needs a hit. After Twitter’s weak second-quarter showing, and both stocks not performing well in the past year, Dorsey — as the lead of both companies — needs to show investors his strategies are working (and that he can run both companies). Well, he certainly got one today. Square reported its second-quarter earnings, where it brought in $439 million… Read More

  • Amazon shatters earnings expectations

    Amazon shatters earnings expectations

    Amazon shattered expectations when it reported second quarter earnings after the bell on Thursday. Adjusted earnings per share came in at $1.78, when Wall Street was forecasting $1.11. Amazon also beat revenue predictions, posting $30.4 billion for the quarter when analysts were expecting $29.55 billion. Shares ticked up 2 percent in after-hours trading. The company saw a significant increase… Read More

  • Alphabet’s huge Q2 shows its ads business may not be so challenged after all

    Alphabet’s huge Q2 shows its ads business may not be so challenged after all

    While Alphabet’s core advertising business has often been questioned as the net value of its ads has been in decline, there’s one thing that’s hard to argue — it’s still one of the biggest technology businesses in the world, and it’s still growing. And it’s growing very quickly. Alphabet reported a second quarter that continued tech’s hot… Read More

  • LG Mobile reports $132M loss as flagship G5 gets off to a slow start

    LG Mobile reports $132M loss as flagship G5 gets off to a slow start

    Flagship phones are often make or break in the mobile industry. Just ask LG. The Korean company’s G5, an ambitious effort at modular devices, continues to weigh on the company’s financial performance this year. Read More

  • GoPro sales beat investor expectations but are still in steep decline

    GoPro sales beat investor expectations but are still in steep decline

    Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10 percent in after-hours trading, but then were down 3 percent as investors dug through the earnings release. And then they were back up about 3 percent. The company posted revenue of $220.7 million, above analyst forecasts of $194 million. Adjusted earnings per share was negative… Read More

  • Wix.com reports 2Q loss but beats expectations

    Wix.com reports 2Q loss but beats expectations

    Wix.com, the Israeli company that helps small business owners build websites, today reported earnings for its second financial quarter of 2016. For the quarter ending June 30, the Tel Aviv-based software provider posted growing revenue and a loss. Wix posted a net loss of $11.4 million, or 28 cents loss a diluted share, compared to a loss of $12.3 million, or 31 cents loss per share in… Read More

  • Everything you need to know about Apple’s huge third quarter

    Apple’s third quarter results came out today. They’re pretty good! Or, at least, not bad — and good enough to keep investors happy. Very happy, actually: the stock jumped more than 7%, recovering pretty much all of the value it lost when it reported a complete whiff of a second quarter. It’s no monster crash or jump like Twitter regularly experiences, but 7% is enough… Read More

  • Apple’s revenue dives 33 percent in Greater China

    Apple’s revenue dives 33 percent in Greater China

    China impacted Apple’s bottom line quite a lot this quarter — and not in a good way. But the company still plans to invest in the country, Apple CEO Tim Cook said right after the company announced its earnings for Q3 2016. Read More

  • Apple’s cash on hand decreased for the first time in nearly two years

    Apple’s cash on hand decreased for the first time in nearly two years

    Apple just reported earnings for Q3 2016, and the company soundly beat analyst’s expectations. However, there was one number that we’re not used to seeing. Apple’s cash on hand actually decreased for the first time in seven quarters. Cash on hand this quarter amounted to $231.5 billion, which is down $1.4 billion from the $233 billion on hand at the end of Q2. As a… Read More

  • Tinder subscriber growth disappoints Match investors

    Tinder subscriber growth disappoints Match investors

    Match Group reported second quarter earnings after the bell on Tuesday. At first shares rose about in initial after-hours trading, but then they were down 5% as investors were disappointed by subscriber growth and guidance for the year. The owner of dating sites including Tinder, OkCupid and Match.com reported $301 million in revenue, above analyst expectations of $297 million. Adjusted… Read More

  • Apple beats earnings expectations by a mile, and its stock is soaring

    Apple beats earnings expectations by a mile, and its stock is soaring

    Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenue of $42.4 billion and earnings of $1.42 per share. Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose more than 6% in extended trading. (6% might not feel like a… Read More

  • Pandora struggles to find new footing as music streaming becomes commoditized

    Pandora struggles to find new footing as music streaming becomes commoditized

    Pandora, in a story we’ve seen before with many other maturing companies, is facing an existential crisis. The company now finds itself fighting for its life against competition from the core platforms its service exists on: Android and iOS. Both of them — and Amazon as well — have launched their own music-streaming products, and they’re baked into the core experience. Read More

  • PayPal ticks up 2% on earnings, Visa partnership

    PayPal ticks up 2% on earnings, Visa partnership

    PayPal reported earnings after the bell on Thursday, showing $2.65 billion in revenue for the quarter, when analysts were expecting $2.6 billion. Adjusted earnings per share was also in line with Wall Street estimates at 36 cents. Shares ticked up 2 percent in after-hours trading, in part because of a Visa announcement that was timed with earnings. The new partnership with Visa emphasized… Read More

  • Microsoft’s Q4 earnings beat Street with $22.6B in revenue, $0.69 EPS

    Microsoft’s Q4 earnings beat Street with $22.6B in revenue, $0.69 EPS

    Microsoft today reported earnings for its fourth fiscal quarter of 2016, its first earnings report after announcing its proposed acquisition of LinkedIn. The company’s earnings came in at a non-GAAP revenue of $22.6 billion ($20.6 billion GAAP) and $0.69 of non-GAAP per-share profit ($0.39 GAAP), and were well above expectations. Like in previous quarters, the results reflect strong… Read More

  • Everything Yahoo has going for it right now

    Everything Yahoo has going for it right now

    Its core assets are worth $5 billion (we think?) It owns a bunch of Alibaba The audio fidelity of the earnings calls is really good Yahoo Finance Fantasy sports 🤔 (See also: Yahoo’s latest disappointing quarter pretty much sums up the past few years) Read More

  • Yahoo’s latest disappointing quarter pretty much sums up the past few years

    Yahoo’s latest disappointing quarter pretty much sums up the past few years

    Yahoo missed its earnings expectations by just a hair, and the company once again wrote down Tumblr. The stock went nowhere. That is pretty much the story of Yahoo for the past few years. Yahoo’s core business has been in decline for some time. Even before Marissa Mayer‘s takeover in 2012 the company was on a pretty clear march south. Mayer’s hiring sparked some hope in… Read More

  • Netflix falls 15% after missing subscriber expectations

    Netflix falls 15% after missing subscriber expectations

    Netflix reported earnings after the bell on Monday, seeing its shares quickly tumble 15 percent in after-hours trading after missing the mark on subscriber growth. In the second quarter of the year, the digital entertainment company added just 1.7 million members, beneath the company’s own forecast of 2.5 million new customers. This is also significantly below the 3.3 million members… Read More

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