Earnings
Auto Added by WPeMatico
Verizon Reports Q2 Revenue Of $32.2 Billion, EPS Ahead Of Analyst Estimates
Verizon, now owner of AOL (and, thus, us!) reported its second-quarter earnings today. The company posted revenues of $32.2 billion on earnings per share of $1.04. Analysts were estimating sales of $32.45 billion on EPS of $1.01 — so the company was more profitable than expected despite falling short on revenue. Read More
Powered by WPeMatico
IBM Drops 4% After Reporting Lackluster Q2 Revenue Of $20.8B
Today following the end of regular trading, IBM reported its second-quarter financial performance, including revenue of $20.8 billion and adjusted earnings per share of $3.84. Using normal accounting methods, IBM had a slimmer $3.58 per-share profit. The street had expected the enterprise firm to generate $3.78 of adjusted per-share profit on revenue of $20.95 billion of revenue. According… Read More
Powered by WPeMatico
Intel Beats Expectations, Up 6% After Hours On Revenue Of $13.2 Billion
Today after the market closed, Intel Corporation (INTC) released its second quarter earnings report. The company reported revenue of $13.2 billion and earnings per-share of $0.55. The company’s revenue dropped five percent compared to the year-ago quarter, and its net income dropped by three percent over the same period. However, EPS was flat at 55 cents compared to the… Read More
Powered by WPeMatico
‘Twas A Rowdy Day For Tech Stocks
Tomorrow marks the kickoff point for the next cycle of tech earnings, so the markets are on the precipice of a data deluge. Today we had a bit of a pre-show, with two things happening that are well worth our consideration: Box’s big trading day and Twitter’s fake acquisition news. Read More
Powered by WPeMatico
Speakers At The Europas Conference And Awards Reflect Europe’s Diversity, June 16, London
The Europas Conference & Awards for European Tech Startups, on June 16 in London, is an annual celebration of Europe’s brightest tech companies. From a small bar in central London in 2009, it’s become a fixture of the European scene, with its highly curated daytime speakers and audience, which combines the key startup players in Europe, as well as the hottest newcomers,… Read More
Powered by WPeMatico
Intel Lowers Q1 Revenue Forecast By $900M To $12.8B Amid PC Sales Slump
The shift away from desktop PCs to smartphones and other smaller computing devices is having a big impact on a major player in the PC market. Chipmaker Intel today lowered its revenue expectations by $900 million for its Q1 earnings that will come out on April 14. It now says Q1 sales will be $12.8 billion, “plus or minus $300 million,” versus earlier guidance of $13.7… Read More
Powered by WPeMatico
Get Ready For Box’s Earnings
Box, a cloud storage and productivity company, will report its first quarterly earnings result today after the bell. The market expects Box to announce a $39.75 million loss on revenue of $58.03 million. Billings are expected to total $80.85 million for the period — Box’s fourth quarter of its fiscal 2015. Read More
Powered by WPeMatico
Startups, Late-Stage Valuations, And Bull
Bill Gurley, a general partner at Benchmark, makes news mostly because he says what other venture capitalists will tell you while drunk, but does so while on the record. It’s refreshing in a way. Most recently, Gurley made the point that the tech and investment industries are shoving nine and ten-figure sums of cash into startups while not enjoying a full dig into their financials. In… Read More
Powered by WPeMatico
Pandora Q4 Falls Short With $268M In Revenue
Pandora’s earnings report for the fourth quarter of 2014 disappointed Wall Street, with revenue of $268 million and diluted earnings per share of 18 cents (that’s non-GAAP).
That means the company fell a bit short of analyst expectations for EPS of 19 cents especially on revenue, where analysts had predicted $276.5 million. Read More
Powered by WPeMatico
Motorola looks like it is off to a promising start under the ownership of Lenovo. The Chinese firm revealed that its new phone business — acquired from Google last year — shipped 10 million smartphones last year and is around 18 months from profitability.