Earnings

Everything you need to know about Apple’s blowout third quarter

tim cook 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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Tinder subscriber growth disappoints Match investors

tindermatch Match Group reported second quarter earnings after the bell on Tuesday. At first shares rose about in initial after-hours trading, but then they were down 5% as investors were disappointed by subscriber growth and guidance for the year. The owner of dating sites including Tinder, OkCupid and Match.com reported $301 million in revenue, above analyst expectations of $297 million. Adjusted… Read More
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Apple beats earnings expectations by a mile, and its stock is soaring

tim cook 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 5% in extended trading. (5% might not feel like a lot, but for… Read More
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Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94

verizon-earnings2015 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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Qualcomm earnings beat with $6B in revenue and $1.16 EPS

LAS VEGAS, NV - JANUARY 06:  Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.  (Photo by Justin Sullivan/Getty Images) Following the bell today, Qualcomm reported earnings for its third fiscal quarter of 2016 that met analyst expectations in terms of earnings per share, and exceeded expectations in terms of revenue. The company attributed its results to progresses with the number of licensees in China. For the quarter ending June 26, the San Diego, California-based semiconductor and telecommunications… Read More
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