Articles about Earnings

Podcast

GeekWire Podcast: What Microsoft and Amazon earnings say about the state of AI and the economy

This week on the GeekWire Podcast, we take a closer look at the latest earnings reports from Microsoft and Amazon… Read More

Microsoft beats expectations as quarterly profits rise 20% to nearly $22B

Updated with details from Microsoft’s earnings conference call. Microsoft posted a 17% increase in revenue, to $61.9 billion, with $21.9… Read More

Remitly revenue up 44% to $944M in 2023, with more growth expected this year

Remitly’s business is on a roll. The Seattle-based digital remittance company reported its full-year results Wednesday for 2023. Total revenue… Read More

Amazon shares rise 6% as cloud and advertising power record Q4 revenue of $170B

Amazon topped expectations for its holiday quarter, reporting record revenue of $169.9 billion, up 14% year-over-year, and earnings per share… Read More

Microsoft Azure revenue up 30%, with help from AI, as tech giant beats overall expectations

Microsoft’s revenue from its Azure cloud platform and related services rose 30% in the quarter ended Dec. 31, including a… Read More

Zillow Group ‘well positioned to thrive’ despite commissions trial outcome, CEO Rich Barton says

[This story originally appeared on Real Estate News.] Zillow shared some good news with investors Wednesday, reporting $496 million in revenue… Read More

Amazon stock rises after beating Q3 estimates with $143.1B in revenue, $9.9B in profits

Amazon shares were up more than 5% in after-hours trading Thursday after the Seattle tech giant beat analyst expectations for… Read More

Microsoft tops expectations as tech giant looks to AI to fuel growth

Microsoft exceeded Wall Street’s expectations with revenue of $56.5 billion, up 13% year-over-year, and earnings of $2.99 per share, up… Read More

Amazon stock jumps 7% after Q2 earnings beat estimates with $134.4B in revenue

Amazon shares were up more than 7% in after-hours trading Thursday after the Seattle tech giant topped analyst expectations for… Read More

F5 stock spikes 8% after earnings; CEO cites ‘early signs of demand stabilization’

Shares of F5 were up more than 8% in after-hours trading Monday after the Seattle-based company application security and delivery… Read More

All eyes on AI as Microsoft prepares for pivotal earnings report

Investors will be looking for early signs of traction from Microsoft’s artificial intelligence investments Tuesday afternoon when the company reports… Read More

Amazon stock rises, then drops after beating Q1 estimates with $127.4B in revenue

Editor’s note: Story updated based on stock price fluctuation. Amazon shares were up more than 11% in after-hours trading Thursday… Read More

Amazon earnings preview: Analysts watching cloud growth, impact of layoffs

Amazon will report its first quarter earnings on Thursday. Here’s what to watch. Cloud growth: Amazon Web Services has long… Read More

Microsoft stock rises 4% as tech giant beats expectations with $52.9B in Q3 revenue

Microsoft reported revenue of $52.9 billion for its fiscal third quarter, a 7% increase from last year. The company beat… Read More

Microsoft earnings preview: Growth slows as tech giant awaits payoff from big AI bets

Barring a big surprise, the sluggish economy will continue to take a toll on Microsoft’s overall growth in its financial… Read More

Redfin Q4 revenue drops 25% to $479M as company winds down home-flipping business

Redfin’s revenue fell 25% in the fourth quarter amid a housing market slowdown that has hampered its growth over the… Read More

Zillow Group beats Q4 estimates with $435M in revenue

Zillow Group beat fourth quarter earnings expectations as it continues to navigate the housing market slowdown. The Seattle real estate… Read More

Microsoft cloud revenue up 22%, Windows business plunges 27% in first report since job cuts

Microsoft’s revenue rose 2% to $52.7 billion in its second fiscal quarter, just missing Wall Street’s expectations, and profits dropped… Read More

Just how bad is Microsoft’s bottom line? Earnings report will be closely watched after job cuts

Microsoft is seeing customers “optimize their digital spend to do more with less,” and “exercise caution” in the face of… Read More

Microsoft revenue growth slows as cloud business helps offset Windows decline

A declining PC market, macroeconomic headwinds, and a strong U.S. dollar are slowing Microsoft’s revenue growth numbers, but the Redmond… Read More

Podcast

The state of the tech economy: Takeaways from Amazon, Apple, Microsoft, Meta and Alphabet

This week on the GeekWire Podcast, we play highlights and offer our thoughts on the recent earnings calls of Amazon,… Read More

Amazon sheds record 99k employees after overstaffing warehouses, will slow office hiring

Amazon’s direct workforce declined by 99,000 employees from the first to the second quarter, to 1.52 million people, the largest… Read More

T-Mobile adds 1.7M customers, shares climb despite missing earnings expectations

T-Mobile reported $19.7 billion in revenue for its second fiscal quarter, which was down slightly from the year-ago quarter and… Read More

F5 shares up more than 14% after earnings beat expectations

Seattle application security and delivery giant F5 beat expectations for its third fiscal quarter, reporting $674 million in revenue, up… Read More

Big earnings week ahead: Microsoft’s numbers to serve as barometer of the uncertain economy

Will Microsoft’s guidance for its Azure cloud business exceed 40% growth? That’s one way Wall Street will be using Microsoft’s… Read More

Amazon stock sinks 10% after Q1 earnings as costs rise amid inflation, supply chain pressure

Amazon shares declined more than 10% in after-hours trading Thursday after the Seattle tech giant revealed its first quarter earnings… Read More

Microsoft earnings preview: Wall Street expects 18% revenue growth on continued cloud strength

Streaming video subscriptions might be more disposable than imagined, but the juggernaut of cloud infrastructure and enterprise services is another… Read More

Zillow shares up 16% as real estate giant reveals ‘housing super app’ strategy amid iBuying closure

Zillow Group may be ducking out of the home-buying business. But now it has a new plan to make more… Read More

Microsoft’s new heyday: PC ‘renaissance’ and cloud boom drive record revenue and employment

Microsoft surpassed $50 billion in quarterly revenue for the first time, with profits of $18.8 billion, up 22%, in its… Read More

Microsoft beats expectations with $51.7B in revenue, $18.8B profit; stock down 5% after hours

Microsoft posted revenue of $51.7 billion in the December quarter, up 20% from the same quarter last year, and profits… Read More