— Crocs, Inc. (NASDAQ: CROX) reported earnings of $0.12 per share in the fourth quarter of 2019, vs $0.07 per share expected.
— Q4 revenue rose 21.8% to $263 million, vs. $260.8 million expected. Wholesale revenues grew 22.4%, e-commerce revenues rose 34.3%, and retail comparable store sales jumped 16%.
— For the first quarter of 2020, the company expects revenues between $305 and $325 million and operating margin of 9-12%. The outlook takes into account the disruption caused due to coronavirus outbreak.
— For the full year 2020, revenues are projected to increase by 8-12%. Operating margin is expected between 11% and 13%.
— CROX shares were slightly trading higher immediately following the announcement.
The recent optimism about economic recovery waned slightly this week after jobless claims increased more-than-expected to about 778,000 amid concerns over a resurgence in coronavirus cases. With the healthcare system
Yunji Inc. (NASDAQ: YJ) Q3 2020 earnings call dated Nov. 26, 2020 Corporate Participants: Kaye Liu -- Investor Relations Director Shanglue Xiao -- Chairman of the Board of Directors and Chief Executive Officer Chen
Amazon Web Services (AWS), a leading cloud computing platform, went down in the morning hours of Wednesday. Many applications – including Anchor, Adobe Spark, Flickr, SiriusXM and Roku reported disruption