Smartsheet reports $56.2M in Q1 revenue, reveals acquisition price for recent Seattle startup deal Smartsheet continues to increase revenue but shares were down slightly in after-hours trading following its first quarter earnings report Wednesday.… Read More
Zillow CEO Rich Barton wants to build ‘Microsoft Office for real estate’ by adding title, escrow and possibly moving services Zillow Group’s shift into home sales and mortgages is just the beginning of a grander vision to control every aspect… Read More
Zillow 2.0 era begins: Real estate giant posts $454M in revenue in first quarter since major business shift Zillow Group crushed projections for revenue but posted greater losses than expected amid rapid growth in its new home sales… Read More
Redfin looks to disrupt real estate again with new program letting homebuyers make direct offers online without an agent Redfin quietly launched a new feature that lets homebuyers without an agent make offers on homes directly through its website,… Read More
Redfin’s losses shoot up 84% to $67M as revenue rises 38% to $110M Redfin’s losses in the first quarter grew faster than revenue, but the tech-powered real estate brokerage met or beat Wall… Read More
Avalara market value climbs past $4B as tax automation company posts $85M in Q1 revenue Shares of Avalara were up as much as 10 percent in after-hours trading Tuesday after the Seattle-based sales tax automation… Read More
Tableau comes up short on revenue, reporting $283M as subcription shift continues Tableau Software came up short on revenue in the first quarter but posted a surprising profit, as the Seattle data… Read More
Expedia stock dips as revenues come up short of analyst expectations for Q1 Travel booking giant Expedia came up short of revenue estimates for the first quarter of the year, sending the stock… Read More
For the first time, Amazon’s own online sales make up less than half of its entire business For the first time in Amazon’s history, the company’s first-party online retail sales represented less than half of its overall… Read More
Apple stock up 5% after beating estimates with $58B in Q2 revenue, services business up 14% Apple delivered higher-than-expected earnings and revenues for the second quarter, sending the company’s stock up more than 5 percent in… Read More
Impinj stock skyrockets on earnings beat and upbeat future projections Connected chip maker Impinj delighted investors with a stronger than expected earnings report and rosy projections for the next quarter.… Read More
Here’s what to know about Amazon’s push to make one-day shipping the new standard for Prime Amazon forever altered the retail landscape when it introduced the Prime two-day shipping program 14 years ago. The Seattle company… Read More
How Amazon became a profit machine — and why it might not last Amazon is on a record run of profits, crushing its previous high mark again with $3.6 billion in net income… Read More
T-Mobile adds another 1.7M customers as CEO continues touting merger with Sprint T-Mobile added another 1.7 million customers during the first quarter of 2019 as the company waits for regulatory approval of… Read More
AWS revenue approaches $8 billion in Q1, up 41 percent compared to last year As bigger and bigger businesses take the plunge into cloud computing, Amazon Web Services is turning into a pretty big… Read More
Amazon profits more than double to $3.6B, setting another record Amazon shattered analyst expectations for profits in the first quarter, more than doubling last year’s numbers and even beating out… Read More
Amazon earnings preview: Tech giant aims for another record quarter In just a few hours, Amazon could follow in the footsteps of crosstown rival Microsoft, which hit a $1 trillion… Read More
Nintendo stock slumps on slowing Switch sales After more than two years of smashing records, sales for the hit Nintendo Switch console are starting to slow. Nintendo… Read More
F5 shares new details about its plans for NGINX after missing Q1 revenue targets The $670 million March acquisition of NGINX was the largest purchase in the history of Seattle’s F5 Networks, and financial… Read More
Microsoft briefly becomes a $1 trillion company following strong earnings report Update, April 30: Microsoft today became the second U.S. company in history after Apple to close with a market capitalization above… Read More
Microsoft’s hardware division continues momentum, posts revenue jump of 21% to $1.3B Microsoft’s Surface division is on a roll. After posting a staggering 39 percent revenue growth over the holiday season and… Read More
Microsoft beats Wall Street expectations, posting $30.6B in revenue, powered by cloud division Microsoft rebounded from a rare revenue miss, sailing past Wall Street expectations for its third quarter, powered by the tech… Read More
Microsoft earnings preview: What to watch as tech giant shares latest financial update Microsoft is locked in a three-way race for the title of the nation’s most-valuable company with Amazon and Apple, with… Read More
Smartsheet market value tops $4.5 billion as shares spike 10% after earnings report Shares of work collaboration software maker Smartsheet were up more than 11 percent in after-hours trading following its fourth fiscal… Read More
Target’s digital sales grew 10X faster than in-store sales in 2018, as retailer adjusts to battle Amazon Target spent much of 2018 turning some of its biggest stores into mini-warehouses for shipping and pickup online orders and… Read More
Salesforce beats Q4 earnings expectations, but investors frown at its Q1 outlook Salesforce vowed to double its yearly revenue by the end of its 2023 fiscal year and reported fourth-quarter earnings better… Read More
Funko stock soars as pop culture toy maker crushes Wall Street expectations to cap rebound year Funko capped off a strong year, rebounding from a tough start to life as a public company in late 2017,… Read More
Connected chip maker Impinj posts record revenue for 2nd straight quarter, reports $14.5M loss in 2018 Impinj, the Seattle maker of high-tech tags for connecting billions of items to the internet, finished 2018 strong, posting its… Read More
Walmart posts $514B in revenue for the year, plans to double down on grocery pickup and delivery For Walmart, last year was all about beefing up its technology and logistics offerings to juice both online and in-store… Read More
Redfin posts $487M in revenue in 2018 as losses balloon to $42M for the year Redfin’s desire to compete in every area of the real estate transaction appears to be paying off as the tech-powered… Read More
