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Earnings

Impinj stock tumbles in RFID tag-maker’s first earnings miss as a public company

Impinj stock is down more than 21 percent after the Seattle maker of radio frequency identification technology whiffed on earnings… Read More

Facebook crushes Wall Street expectations, but warns crackdown on abuse will impact profitability

Facebook outperformed Wall Street expectations, as it has pretty much every quarter for the past five years, but bigger issues… Read More

Alphabet stock on the rise as Google parent beats Wall Street expectations with $27.7B in revenue

Shares in Google parent company Alphabet are up after the company exceeded Wall Street expectations in the third quarter. Alphabet… Read More

Expedia posts 15% Q3 revenue increase in first quarter since CEO departed for Uber

Expedia posted $2.97 billion in revenue, a 15 percent increase over the same time last year in its third-quarter earnings report… Read More

Microsoft revenue up 12% to $24.5 billion, powered by commercial cloud business

Microsoft posted revenue of $24.5 billion, up 12 percent, and profits of $6.6 billion, or 84 cents per share, exceeding… Read More

Amazon crushes profit expectations, sales rise 34% to $43.7B, stock up 7%

Amazon blew past Wall Street expectations for its third quarter earnings as the company’s stock spiked more than 7 percent… Read More

Twitter

Twitter admits it overstated its user base, but Wall Street doesn’t care as stock spikes 16%

Twitter disclosed this morning that it has been overstating the number of monthly active users for close to three years.… Read More

SEC charges former Amazon employee with insider trading after allegedly leaking quarterly results to fraternity brother

A former Amazon financial analyst who allegedly leaked confidential financial about quarterly earnings to a former fraternity brother has been… Read More

Redfin posts $4.3M profit in its first quarter as public company, stock rises

Redfin tripled profit from last year in its first quarter as a public company, and its stock is rising as… Read More

Best Buy’s digital resurgence continues with record online revenue, fueled by Seattle office

Best Buy just hit a revenue record, as the once-struggling electronics retailer continues to flourish thanks to a push to… Read More

Snapchat parent Snap posts $443M net loss in 2nd quarter as public company, stock slumps 13%

Snapchat parent Snap posted a net loss of $443 million in its second quarter as a public company, sending its stock… Read More

Amazon? What Amazon? Blue Apron mum on tech giant’s move into meal kits

Blue Apron isn’t thinking too much about a challenge from Amazon, if its first earnings call as a public company… Read More

Zillow CEO: Redfin ‘a threat to organized real estate’

Zillow Group CEO Spencer Rascoff isn’t worried about the threat of newly-public Redfin — but he thinks the rest of… Read More

Zillow Group shares dip despite beating expectations with record Q2 revenue of $267M

Zillow Group reported a record $266.9 million in revenue for the second quarter of this year, a 28 percent increase… Read More

RealNetworks reports $33M in revenue, reduced costs as it focuses on ‘key growth initiatives’

RealNetworks upped its revenue and cut costs in the second quarter as it shifts focus toward several future “key growth… Read More

Impinj stock drops 20% as big customers of RFID tag maker delay tracker rollouts

Impinj shares cratered Thursday after the the Seattle-based maker of radio frequency identification tags reported its quarterly earnings. Impinj reported non-GAAP… Read More

Tableau’s subscription play starts to pay, boosting profits above Wall Street expectations

Tableau Software’s stock is up in after-hours trading Wednesday after the company reported strong quarterly earnings results amid an ongoing… Read More

Amazon says it’s ‘stepping up investment’ to grow business amid backlash over earnings miss

Amazon’s stock is down again today, after the online retail giant reported its biggest profit miss in years. Amazon posted a… Read More

Expedia beats analyst expectations, reports $2.6B in Q2 revenue buoyed by HomeAway and Hotels.com

Expedia reported $2.6 billion in revenue for the second quarter of 2017, an 18 percent increase over the same period… Read More

Mobile payments now account for 30% of Starbucks transactions as company posts $5.7B in revenue

Starbucks continues to see increased usage of its mobile products as the coffee giant reported its quarterly earnings on Thursday.… Read More

Amazon adds another 31K employees, bringing global headcount to 382K

Amazon’s been busy hiring this summer, bringing in another 31,000 employees in the last quarter and raising its total global… Read More

Amazon misses big on quarterly profits even as sales jump 25% to $38B

Amazon posted a 25 percent increase in net sales for the second quarter, to $38 billion, but profits plunged to… Read More

Whole Foods profits dip more than 11% with big Amazon acquisition pending

Whole Foods Market reported profits of $106 million for the quarter ended July 2, down more than 11 percent despite… Read More

Facebook now has 2B monthly users as it beats earnings expectations with $9.3B in revenue

Facebook reported its 2017 second quarter earnings today. Here’s what you need to know: Facebook reported GAAP earnings per share of $1.32… Read More

Microsoft beats earnings expectations with $24.7B in revenue as stock reaches all-time high

Microsoft this afternoon posted revenue of $24.7 billion, up 9 percent, and non-GAAP earnings of 98 cents a share, an… Read More

T-Mobile adds another 1.3M customers as CEO John Legere addresses merger buzz

T-Mobile added more than 1.3 million customers in the second quarter, its 17th straight period with more than 1 million… Read More

Snap stock craters as Snapchat parent posts huge loss in 1st quarter as public company

Snapchat parent company Snap built a reputation for secrecy, but now, as a public company, it has to lay its… Read More

RFID maker Impinj tops earnings expectations for 4th quarter in a row

This story has been updated to include more details on stock price. Impinj has exceeded Wall Street expectations in each of… Read More

Enterprise tech company Apptio beats expectations, cuts losses in quest for profitability

Make it three-for-three for Apptio, as it has beaten Wall Street expectations for the third quarter in a row after… Read More

Tableau stock rises following mixed quarterly earnings report as it continues subscription push

Tableau Software reported a mixed bag of earnings results for the first quarter, coming in on the low end of estimates… Read More

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