Earnings
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Twilio beats expectations with revenue of $64.5M in solid Q2 earnings
Twilio, exceeded revenue expectations in Q2 earnings released today after the bell. Immediately share prices increased in after-hours trading before falling back to the market closing price. The cloud-communications company reported revenue of $64.5 million and a loss per share of $0.08. Twilio beat revenue by over 10 percent. Analysts had expected a loss of $0.14 per share on revenue… Read More
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LinkedIn posts a huge second quarter that really doesn’t matter
LinkedIn has likely ended with a bang its run as an independent company built upon a network of professionals, clearly beating out what Wall Street sought. Of course, this report is largely moot. Earlier this year, LinkedIn announced it would be acquired by Microsoft for $26.2 billion. Microsoft beat out several bidders in the process, including Salesforce, and that price largely reset… Read More
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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 in… Read More
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Yet another red quarter for HTC as revenue drops 44% year-on-year
The latest HTC results, for its Q2, confirm another loss-making quarter for the smartphone and VR headset maker, with the Taiwanese company reporting revenue of NT$18.9 billion ($598 million) for the quarter versus the NT$33.0 billion ($1.07 billion) it made in the year ago quarter. That’s a drop of around 44 percent. Read More
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Big data integrator Talend pops 54% in Nasdaq debut, raising $94.5M
French-American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-$17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54 percent on its IPO price, giving the company an implied valuation of $537 million. However, in the immediate hour after opening, the… Read More
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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
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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
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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
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Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94
Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarter earnings report, the telecom giant continues to feel the pressure of declines in its legacy business. The Q2 report shows total operating revenue of $30.5 billion and earnings per share of 94 cents. That’s a miss on revenue, but a… Read More
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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
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