Articles about Earnings – Page 2 of 19

Microsoft’s earnings will test strength of cloud business, and impact of supply chain constraints

Much of the spotlight has been on Microsoft’s gaming division over the past week, thanks to its $68.7 billion deal… Read More

Zillow to shutter home buying business and lay off 2,000 employees as its big real estate bet falters

Zillow Group’s ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end.… Read More

Podcast

GeekWire Podcast: Facebook’s virtual reality, Amazon’s new reality, and Microsoft’s big milestone

This week on the GeekWire Podcast … We dissect Amazon’s earnings, offering our take on Andy Jassy’s take on the… Read More

Amazon delivers big earnings miss, Jassy warns Q4 will bring ‘several billion dollars of additional costs’

Amazon’s profits plunged to $3.2 billion in the third quarter, dropping by nearly half year-over-year, and CEO Andy Jassy told… Read More

Amazon earnings preview: Wall Street expects lower profits as tech giant boosts spending

Is the cost of hiring workers and bolstering its fulfillment network taking a toll on Amazon’s bottom line? Wall Street… Read More

Earnings preview: Microsoft’s cloud era takes hold, further reducing reliance on Windows PC sales

If ever there was a quarter to illustrate that Microsoft’s growth doesn’t depend on Windows PC sales anymore, this is… Read More

Porch makes $35M acquisition; reshuffles board; revenue up 200%; loss grows; PPP loan forgiven

Seattle-based home services technology company Porch Group boosted its second quarter revenue by 200% to $51.3 million, exceeding analysts’ expectations.… Read More

Zillow beats Q2 expectations with $1.3B in revenue as it expects housing trends to boost growth

Seattle-based real estate company Zillow Group reported $1.3 billion in revenue Thursday for the second quarter, slightly beating analyst’s expectations.… Read More

Nintendo quarterly earnings show 89 million Switches shipped, as overall sales slow down

The Switch has hit a significant overall milestone, reaching 89.04 million units shipped worldwide, even as Nintendo’s overall sales have… Read More

T-Mobile adds 1.3M customers in Q2, beats expectations with $20B in revenue

T-Mobile beat analyst expectations at the end of its second quarter, reporting $20 billion in revenue, up 13% year-over-year, and… Read More

Amazon sales of $113B disappoint Wall Street but profits of $7.8B exceed expectations

Amazon posted net sales of $113.1 billion for the second quarter, up 27%, but fell short of Wall Street expectations,… Read More

Microsoft profits rise 47% to $16.5 billion in June quarter, soaring past Wall Street expectations

Microsoft posted quarterly profits of $16.5 billion Tuesday afternoon, up 47%, surpassing even the most optimistic Wall Street expectations. The… Read More

Shares of F5 Networks rise 5% after earnings beat expectations with $652M in revenue

F5 Networks earnings: The Seattle-based company reported $652 million in revenue, up 12% year-over-year, for its fiscal third quarter ended June 30.… Read More

Microsoft beats earnings estimates with $41.7B in revenue, up 19%, and $15.5B in profit, up 44%

Microsoft beats earnings estimates: The Redmond, Wash., tech giant reported $41.7 billion in revenue for the March quarter, up 19%… Read More

Smartsheet beats Q4 estimates as revenue rises 40% to $109.9M

Smartsheet beat expectations for its fiscal fourth quarter earnings, reporting revenue of $109.9 million, up 40% year-over-year, and non-GAAP earnings… Read More

T-Mobile adds another 1.7M customers and beats estimates for Q4 earnings with $20.6B in revenue

T-Mobile beat expectations for its fourth quarter earnings report, posting revenue of $20.3 billion and earnings per share of $0.60.… Read More

Amazon blows past estimates for holiday quarter, sets record with $125.6B in revenue

Amazon crushed expectations for its holiday quarter, beating estimates with an all-time high of $125.6 billion in sales. The fourth… Read More

Microsoft profits jump 33% as CEO Satya Nadella cites a ‘second wave of digital transformation’

Microsoft’s revenue climbed 17% to more than $43 billion for the December quarter, and profits rose 33% to $15.5 billion,… Read More

Smartsheet shares soar 12% with $98.9M in Q3 revenue, up 38%; company reveals new CFO

Smartsheet stock spiked more than 12% in after-hours trading as the company saw revenue grow 38% year-over-year to $98.9 million… Read More

Avalara reports $127.9M in Q3 revenue and acquires assets from Business Licenses for $97M

Avalara beat analyst expectations for its third fiscal quarter and said it acquired the assets of Business Licenses. The Seattle… Read More

Redfin beats Q3 estimates but stock dips; CEO says company’s tech is a ‘passport to a new life’

Redfin beat analyst expectations for its fiscal third quarter, reporting revenue of $236.9 million and earnings per share of $0.32.… Read More

T-Mobile tops 100M customers, posts $1.3B in quarterly profit six months after Sprint merger

T-Mobile added a net total of more than 2 million customers in the third quarter, giving it more than 100… Read More

Zillow Group crushes Q3 estimates with $657M in revenue and record traffic amid housing boom

The U.S. housing boom is helping boost business at Zillow Group, which beat Wall Street expectations for its third fiscal… Read More

Expedia Group revenue falls 58% despite bright spots in ‘bumpy and unpredictable’ travel market

You know things have been rough for a company when quarterly revenue plummets 58% from the prior year, taking the… Read More

Amazon crushes Q3 expectations, sets record with $96.1B in revenue and $6.3B in profits

Amazon sailed past expectations for its third fiscal quarter as the company continues to meet rising demand for its products… Read More

Amazon earnings preview: Analysts expect another big quarter for retail and cloud giant

Amazon will report its fiscal third quarter earnings Thursday afternoon. The pandemic and stay-at-home orders helped Amazon eclipse expectations for… Read More

Microsoft cruises past expectations for fiscal Q1, revenue up 12% to $37.2B, profits up 30%

Microsoft topped Wall Street estimates for its fiscal first quarter, reporting $37.2 billion in revenue, up 12% year-over-year, and profit… Read More

Microsoft earnings preview: All eyes on Azure growth as tech giant reports its fiscal first quarter

Microsoft will report its fiscal first quarter earnings Tuesday afternoon. Analysts are keeping a close eye on the company’s cloud… Read More

Shares of F5 Networks jump 5% as focus on cloud software and services continues to fuel growth

Seattle-based F5 Networks saw shares rise more than 5% in after-hours trading Monday after its fiscal fourth quarter earnings report… Read More

Health benefits tech company Accolade sees revenue rise 24% to $36.8M, but stock dips

Health benefits technology company Accolade saw revenue rise 24% in the most recent quarter as telehealth usage surges amid the… Read More