Earnings

Groupon Names Rich Williams CEO In Mixed Earnings Report

groupon-earnings The deal service Groupon on Tuesday announced CEO and co-founder Eric Lefkofsky would step down, and Rich Williams would take over the company immediately. The company said Lefkofsky would return to the role of chairman of the board. Williams told TechCrunch in an interview that he plans to renew investment in customer acquisition and increase focus on streamlining international… Read More
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Zendesk Spikes 12% After Its Q3 Earnings Top Expectations And Its Q4 Guidance Lands Above Street Estimates

zendesk-earnings Today following the bell, Zendesk reported its third quarter financial performance, including revenue of $55.7 million, and adjusted earnings per share of negative 0.05. Investors had expected the company to lose $0.09 per share off revenue of $52.24 million. Up around a point in regular trading, Zendesk is north more than 12 percent in after-hours trading following its earnings… Read More
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Etsy Meets Expectations In Q3, Stock Drops 8% After Hours

etsy-earnings Following trading today, Etsy reported its Q3 financial performance, including revenue of $66 million, and earnings loss per share of $0.06. The Street expected Etsy to lose $0.06 per share, off revenue of around $66.17 million. So that’s a “met expectations.” The company reported 1.5M active sellers and 22.6M active buyers. The company was up 3.18% today, trading at just… Read More
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Fitbit Crushes Expectations In Q3, But A Follow-On Equity Offering Drags Its Shares Down

2067062407_c0ebf2204e_o Following the bell, Fitbit announced its third quarter financial performance, including revenue of $409.3 million, and earnings per share using normal accounting methods of $0.19. The company’s adjusted profit totaled $0.24 per share. The results are notably strong. Investors had expected the company to report a far-slimmer $0.10 adjusted per-share profit off of revenue of just $350.97. Read More
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Chegg Beats Analysts’ Q3 Estimates With $81.3M In Sales

Chegg_-_Google_ Online textbook and tutoring company Chegg beat Wall Street’s expectations when it reported its third quarter sales of $81.3 million. Its revenue was expected to total $78.28 million. The company posted a loss of 12 cents per share, compared to the 15 cents loss per share Wall Street expected. The company’s beat was driven by strong growth in its digital revenue, which now… Read More
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MobileIron Posts Lower-Than-Expected FQ3 Loss Of $0.20 Per Share Off Revenue Of $38M

mobileiron-earnings Following the bell, device management shop MobileIron announced its fiscal third quarter financial performance, including revenue of $38.0 million, and adjusted profit of negative $0.20. Using normal accounting techniques, the company lost a stiffer $0.30 per share. Investors had expected MobileIron to lose an adjusted $0.20 per share, off of $37.61 million in revenue. The company’s… Read More
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