earnings

  • Alphabet reports a strong third quarter despite free-falling advertising values

    Alphabet reports a strong third quarter despite free-falling advertising values

    Alphabet’s strategy of trying to stuff the difference between declining mobile advertising value with additional clicks appears to still be paying off as the company once again showed Wall Street that it can make a ton of money and continue to grow. Alphabet (we’re just gonna call it what it is because we’re talking about the core business: Google) reported earnings of $9.06… Read More

  • Amazon plunges on earnings miss

    Amazon plunges on earnings miss

    Amazon disappointed investors when it posted third quarter earnings after the bell Thursday. With an adjusted earnings per share of 52 cents, this was well beneath the expected 78 cents. The stock quickly fell at least 6 percent in after-hours trading. Revenue of $32.7 billion was in line with what Wall Street was expecting. The miss came as a surprise because in recent years the company… Read More

  • Twitter plans to get up close and personal, surfacing content for your special interests

    Twitter plans to get up close and personal, surfacing content for your special interests

    In Twitter’s Q3 earnings call today, executives dodged a question from an analyst about whether the company could give details about any “big, revolutionary” product changes that might move the needle on Twitter’s sluggish growth. But they did open the curtains on what might be one of the “hundreds of small changes” it’s planning in coming… Read More

  • Twitter lays off 9% of its workforce as it posts a desperately-needed positive Q3

    Twitter lays off 9% of its workforce as it posts a desperately-needed positive Q3

    With Twitter’s acquisition hopes essentially dead, the company now seems it’s on its own to fend for itself and needs to figure out a way to build a reasonable and profitable business. Today, it got a much-needed good Q3 performance by largely beating Wall Street’s expectations across the board. The company also confirmed that it would lay off roughly 9 percent of its staff as… Read More

  • Tesla says it actually posted a profit this quarter

    Tesla says it actually posted a profit this quarter

    Well that was unexpected — Tesla reported today in its third-quarter that it had earnings of 74 cents per share, compared to Wall Street’s expectations of a loss of 54 cents per share. In other words: Tesla said it actually made a profit this quarter on a GAAP basis. Tesla shares quickly jumped around 5.5 percent following the company posting a rare profit for the… Read More

  • Tim Cook ‘not sure’ Apple will meet iPhone 7 Plus demand by the end of the year

    Tim Cook ‘not sure’ Apple will meet iPhone 7 Plus demand by the end of the year

    Apple is working to match the demand for the iPhone 7 Plus as best as it can, but it might not meet all the demand by the end of the year, CEO Tim Cook said on the investor call discussing its fourth-quarter earnings. “It’s hard to say,” Cook said in response to an investor question about whether the iPhone would hit supply/demand equilibrium by the end of the next quarter. Read More

  • Apple signals a return to sales growth for the holidays in its fourth-quarter earnings

    Apple signals a return to sales growth for the holidays in its fourth-quarter earnings

    All eyes are officially on the holiday season for Apple. Ahead of the Christmas retail season, Apple reported its fourth-quarter earnings that were directly in line with what Wall Street was expecting. Almost everything came as expected as the company stands in a basic holding pattern, waiting for the first full quarter of its next generation of iPhone sales to come in throughout the… Read More

  • Pandora’s latest quarter disappoints investors

    Pandora’s latest quarter disappoints investors

    In what has become a very competitive landscape for digital music, early pioneer Pandora is trying to remain a leader. The company reported third quarter earnings after the bell on Tuesday, giving a glimpse at the current health of their business. Pandora has seen its revenue grow to $351.9 million, up by 13% from the same period last year. Yet analysts had been expecting $366.1… Read More

  • Twitter’s sales team is taking a hit in big upcoming layoffs

    Twitter’s sales team is taking a hit in big upcoming layoffs

    Well, now we know why Twitter decided to move its earnings report to before the market opens (when the West Coast will conveniently, largely be asleep). Bloomberg is reporting that the company may cut up to 8% of its staff, or around 300 people, and that the cuts could be announced as soon as this week. As usual these situations are very dynamic, so all of the above could shake out to be… Read More

  • Twitter decides to release earnings while most of us are sleeping because reasons

    Twitter decides to release earnings while most of us are sleeping because reasons

    A lot of the industry watchers that follow Twitter are out here on the West Coast, where the company is based. And for good reason! The Twitter diaspora exists in a large force out here and are great to keep in touch with in order to keep context, and it’s important to be in general geographic proximity of the company’s headquarters. Which is part of the reason we’re… Read More

  • Microsoft’s cloud business bets pay off in Q1 as stock hits an all time high

    Microsoft’s cloud business bets pay off in Q1 as stock hits an all time high

    Microsoft today reported earnings for its first fiscal quarter of 2017 (because fiscal quarters don’t have to correlate with the all-governing force of time). Long story short: Azure and other office-based products are fueling revenue growth, as Microsoft mostly gives up on mobile. Also of note: Shares popped to above $60 in after-hour trading on news of strong growth in the cloud… Read More

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