— Alaska Air Group (NYSE: ALK) reported Q4 2019 earnings of $1.46 per share, vs. $1.41 expected.
— Revenues grew 8% to $2.22 billion, vs. $2.22 billion expected.
— Traffic rose 3.9% to 13.9 billion.
— Capacity rose 3.5% to 16.6 billion.
— Revenue per available seat miles (RASM) increased 4.2% to 13.38 cents.
— Load factor increased 0.4 points to 83.7%.
— Economic fuel cost per gallon fell 6% to $2.21.
— ALK shares fell 3% immediately following the announcement.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard