© Reuters. The outbreak of the coronavirus disease (COVID-19) in Beverly Hills (Reuters) – Ralph Lauren Corp (N:) reported a bigger-than-expected 66% fall in quarterly revenue on Tuesday, as it struggled with the coronavirus-led closures of its outlets and department stores across the world. Shares of the New York-basedRead More →
Adobe Inc. shares rose in the extended session Thursday after the software company’s earnings and contract revenue topped Wall Street estimates as the drive for mobile workplaces because of COVID-19 increased demand for its digital products. Adobe ADBE, -4.70% shares rose 4.4% after hours, following a 4.7% decline in theRead More →
Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard in the extended session Thursday afternoon after closing at record highs in recent days. Slack reported a loss of $74.4 million, or 13 cents a share, on revenue of $201.7Read More →
Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand Returning Despite Covid-19 Travala.com, a website where travelersRead More →
© Reuters. Berkshire Hathaway B Earnings Beat, Revenue Misses In Q4 Investing.com – Berkshire Hathaway B (NYSE:) reported on Saturday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations. Berkshire Hathaway (NYSE:) B announced earnings per share of $2.4 on revenue of $66.52B. Analysts polled byRead More →
© Reuters. FILE PHOTO: A smartphone is seen in front of a screen projection of Spotify logo, in this picture illustration By Supantha Mukherjee and Kenneth Li (Reuters) – Spotify (NYSE:) Technology SA on Wednesday forecast current quarter revenue largely below analyst estimates, as the streaming service spends more onRead More →
© Reuters. Exxon Mobil Earnings Miss, Revenue Beats In Q4 Investing.com – Exxon Mobil (NYSE:) reported on Friday fourth quarter that missed analysts’ forecasts and revenue that topped expectations. Exxon Mobil announced earnings per share of $0.41 on revenue of $67.17B. Analysts polled by Investing.com anticipated EPS of $0.48 onRead More →
© Reuters. Western Digital Earnings, Revenue Beat in Q2 Investing.com – Western Digital (NASDAQ:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that topped expectations. Western Digital announced earnings per share of $0.62 on revenue of $4.23B. Analysts polled by Investing.com anticipated EPS of $0.57 on revenueRead More →
© Reuters. FILE PHOTO: A woman looks at the Facebook logo on a screen. By Katie Paul and Munsif Vengattil (Reuters) – Facebook Inc (O:) said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectationsRead More →
© Reuters. Lam Research Earnings, Revenue Beat in Q2 Investing.com – Lam Research (NASDAQ:) reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations. Lam Research announced earnings per share of $4.01 on revenue of $2.58B. Analysts polled by Investing.com anticipated EPS of $3.84 on revenueRead More →
© Reuters. McDonald’s Earnings, Revenue Beat in Q4 Investing.com – McDonald’s (NYSE:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations. McDonald’s announced earnings per share of $1.97 on revenue of $5.35B. Analysts polled by Investing.com anticipated EPS of $1.96 on revenue of $5.3B. ThatRead More →
© Reuters. United Technologies Earnings, Revenue Beat in Q4 Investing.com – United Technologies (NYSE:) announced fourth quarter that beat analysts’ expectations on Tuesday and revenue that topped forecasts. The company reported earnings per share of $1.94 on revenue of $19.55B. Analysts polled by Investing.com expected EPS of $1.84 on revenueRead More →
Intel Corp.’s data-center sales crushed Wall Street estimates Thursday, pushing quarterly revenue atop the $20 billion mark for the first time, but the chip maker’s forecast reflected a conservative for the difficult-to-predict cloud market. Intel INTC, +0.94% shares jumped as much as 7% in after-hours trading Thursday after the companyRead More →
© Reuters. FILE PHOTO: A visitor passes an Intel logo at the Mobile World Congress in Barcelona By Stephen Nellis and Munsif Vengattil (Reuters) – Intel Corp (O:) on Thursday cemented the market view that a prolonged slowdown in the chip industry is starting to lift after forecasting full-year revenueRead More →
© Reuters. US Bancorp Earnings, Revenue Miss in Q4 Investing.com – US Bancorp (NYSE:) reported fourth quarter that missed analysts’ expectations on Wednesday and revenue that fell short of forecasts. The firm reported earnings per share of $0.9 on revenue of $5.67B. Analysts polled by Investing.com expected EPS of $1.08Read More →
Oracle Corp. shares dropped in late trading Thursday as the software giant’s struggle to increase revenue continued. The software company posted better-than-expected earnings for its fiscal second quarter but came up a bit short on revenue, where it has struggled for years. Oracle ORCL, +0.28% reported a year-over-year revenue increaseRead More →
© Reuters. Synopsys Earnings, Revenue Beat in Q4 Investing.com – Synopsys (NASDAQ:) reported fourth quarter that beat analysts’ expectations on Wednesday and revenue that topped forecasts. The firm reported earnings per share of $1.15 on revenue of $851.1M. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $847.36M.Read More →
HP Inc. shares edged up 2% in after-hours trading Tuesday after the computing giant reported a slight bump in fourth-quarter revenue, but it continues to face stiff IT headwinds. HP HPQ, -0.45% reported net income of $388 million, or 26 cents a share, compared with net income of $1.45 billion,Read More →
Shares of Hewlett Packard Enterprise Co. dipped 4% in after-hours trading Monday after the computing giant reported fourth-quarter revenue that fell short of analyst estimates. The major culprit, as in previous quarters: Longer sales cycles for bigger deals because of economic and geopolitical uncertainty, company executives said. The San Jose,Read More →
Aurora Cannabis Inc. reported a 24% sequential decline in revenue Thursday, reporting sales of C$75.3 million ($56.8 million) versus C$98.9 in the previous quarter, as the company slows its expansion plans in Canada and abroad. U.S.-traded shares of Aurora ACB, -7.32% ACB, -6.61% fell more than 11.6% in the extendedRead More →
© Reuters. NetApp Earnings Beat, Revenue Misses In Q2 Investing.com – NetApp (NASDAQ:) reported second quarter that beat analysts’ expectations on Wednesday and revenue that fell short of forecasts. The firm reported earnings per share of $1.09 on revenue of $1.37B. Analysts polled by Investing.com forecast EPS of $0.94 onRead More →
© Reuters. CVS Health Corp Earnings, Revenue Beat in Q3 Investing.com – CVS Health Corp reported third quarter that beat analysts’ expectations on Wednesday and revenue that topped forecasts. The firm reported earnings per share of $1.84 on revenue of $64.81B. Analysts polled by Investing.com expected EPS of $1.77 onRead More →
© Reuters. Charter Communications Earnings, Revenue Beat in Q3 Investing.com – Charter Communications (NASDAQ:) reported third quarter that beat analysts’ expectations on Friday and revenue that topped forecasts. The firm reported earnings per share of $1.74 on revenue of $11.45B. Analysts polled by Investing.com forecast EPS of $1.64 on revenueRead More →
(Reuters) – EBay Inc (O:) forecast current-quarter revenue below Wall Street estimates on Wednesday, as it faces fierce competition from bigger rivals Amazon.com (O:) and Walmart Inc (N:) in the run-up to the crucial holiday shopping season. Shares of the company fell 2.73% to $38.13 in extended trading as theRead More →
© Reuters. Anthem Earnings, Revenue Beat in Q3 Investing.com – Anthem (NYSE:) reported third quarter that beat analysts’ expectations on Wednesday and revenue that topped forecasts. The firm reported earnings per share of $4.87 on revenue of $26.67B. Analysts polled by Investing.com forecast EPS of $4.82 on revenue of $25.91B.Read More →
