Articles about Earnings – Page 3 of 19

Avalara revenue up 28% to $116M; tax automation company to sell $500M of stock in new offering

Avalara beat analyst expectations for its second quarter earnings report, posting $116.5 million in revenue, up 28% year-over-year, and a… Read More

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Big Tech’s big week: Historic antitrust hearing and record profits put industry giants in spotlight

Big Tech spent back-to-back days in the national spotlight this week between a long-anticipated Congressional hearing and second-quarter earnings reports.… Read More

Amazon tops 1 million employees and seasonal workers for first time as demand and profits surge

Amazon crossed a key milestone over the last quarter, growing to more than 1 million employees and seasonal workers around… Read More

Real estate giant Redfin beats Q2 estimates with $214M in revenue; CEO says ‘we’re inside a tornado’

Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings, reporting $214 million in revenue, up… Read More

F5 Networks software revenue jumps 43%, as CEO offers vision for applications as ‘living organisms’

F5 Networks continued to benefit from its expansion into software and services, boosting revenue by 4% overall to $586 million,… Read More

Smartsheet stock sinks 20% after company posts $85.5M in quarterly revenue

Shares of Smartsheet fell more than 20% in after-hours trading Wednesday even as the company beat expectations for its quarterly… Read More

Expedia suffers ‘major reduction in business’ as Q1 gross bookings fall 39%, revenue down 15%

Expedia Group CEO Peter Kern said the company “suffered a major reduction in business” due to the COVID-19 outbreak during… Read More

Redfin posts $191M in Q1 revenue; CEO says tech will help real estate giant navigate COVID-19 crisis

Redfin is leaning on technology as it adapts amid the global pandemic. The Seattle real estate company posted its first… Read More

Zillow Group CEO Rich Barton on why he’s bullish about real estate despite pandemic

Rich Barton sees light at the end of the COVID-19 tunnel. The Zillow Group CEO expressed optimism for the future… Read More

T-Mobile CEO says Sprint merger could be bigger than expected for ‘growth and synergy attainment’

The COVID-19 crisis is not slowing down the “New T-Mobile.” T-Mobile’s blockbuster $26.5 billion merger with Sprint officially closed April… Read More

Amazon tops 935k employees as of this week, as pandemic-driven hiring spree continues

Amazon has grown to more than 935,000 employees worldwide, including 95,000 new hires in just the past few weeks, quickly… Read More

Amazon sales rise 26% to $75B; profits plunge 30%; Bezos calls crisis ‘hardest time we’ve ever faced’

Amazon’s net sales rose 26% to $75.5 billion in the first quarter, exceeding Wall Street’s expectations as people around the… Read More

Microsoft posts $35B in revenue, up 15%, sees ‘minimal net impact’ from COVID-19 in quarter

Microsoft reported $35 billion in revenue, an increase of 15% from a year ago, as increased demand for its productivity,… Read More

Impinj revenue rises 45% as RFID tech company navigates customer and supplier disruption

Seattle-based RFID company Impinj, whose technology is heavily used by retailers to track inventory, posted a record $47.8 million in… Read More

Smartsheet Q4 revenue up 51% to $78.5M — here’s how the company is responding to COVID-19

Smartsheet is responding to requests from global healthcare customers and rolling out free templates as it adjusts to demand caused… Read More

Impinj crushes estimates with $41M in Q4 revenue, up 18%, capping off comeback year

Shares of Impinj are on the rise after the Seattle connected chip maker behind the RAIN RFID system crushed Wall… Read More

Zillow Group beats estimates with $943.9M in Q4 revenue to cap a ‘tumultuously remarkable’ 2019

Zillow Group capped off a “tumultuously remarkable” year with a fourth quarter earnings report that exceeded estimates as the company’s… Read More

Walmart is the latest big retailer to post subpar holiday sales in wake of Amazon’s record quarter

Despite rapid e-commerce growth, Walmart posted subpar numbers for the busy holiday shopping season, joining a group of retailers that… Read More

Expedia stock rises 10% as travel giant cites focus on core operations following executive shuffle

Shares of Expedia were up more than 10 percent in after-hours trading after the travel giant reported its fourth quarter… Read More

Redfin stock rises 5% after real estate giant posts $233 million in Q4 revenue, up 88%

Shares of Redfin were up more than 5 percent in after-hours trading after the real estate company posted its fourth… Read More

T-Mobile posts record $11.9B in Q4 revenue, teases new Un-carrier move as it awaits Sprint ruling

T-Mobile’s revenue rose 4 percent to a record $11.9 billion in the fourth quarter, beating Wall Street’s expectations with earnings… Read More

Microsoft surpasses 150,000 employees for 1st time as hiring surges outside Seattle-area HQ

For the first time in its 44-year history, Microsoft’s employee count surpassed 150,000 people, the latest sign of the tech… Read More

Amazon crosses $1 trillion again after crushing holiday quarter with $87.4B in revenue

Shares of Amazon rose 12 percent in after-hours trading after the company beat expectations for holiday quarter and revealed that… Read More

Amazon earnings: Record holiday quarter expected as investors watch impact of 1-day shipping

Amazon will report quarterly earnings Thursday afternoon. Analysts expect a record holiday quarter with $86.15 billion in revenue, up 19… Read More

Microsoft revenue rises 14% to $36.9B, profits exceed estimates, cloud rises and games fall

Microsoft posted revenue of $36.9 billion for the December quarter, up 14%, and surpassed Wall Street’s expectations with profits of… Read More

It’s Microsoft earnings day: Here’s what to watch as the tech giant reports its latest numbers

UPDATE: Microsoft revenue rises 14% to $36.9B, profits exceed estimates, cloud rises and games fall It’s that time of year… Read More

Slack CEO shrugs off Microsoft Teams’ rapid growth, trumpets big Office 365 customers wins

Slack CEO Stewart Butterfield is bracing for fast-growing rival Microsoft Teams to hit 100 million users as soon as a… Read More

Smartsheet beats expectations for Q3 earnings as revenue grows 53% to $71.5M

Smartsheet beat Wall Street expectations for both revenue and profit during its fiscal third quarter, posting revenue of $71.5 million,… Read More

Target stock soars as delivery and pickup initiatives drive e-commerce growth, amid battle with Amazon

Target’s investments in new delivery and pickup initiatives to counter Amazon’s growing logistics operation are paying off, as they accounted… Read More

Walmart’s surging e-commerce division grows 41% in Q3, amid online retail battle with Amazon

Walmart’s e-commerce business grew 41 percent year-over-year in the third quarter, continuing the rapid rise of the division amid a… Read More