Image sharing platform Pinterest, Inc. (NYSE: PINS) reported a slightly wider loss for the second quarter of 2020, while revenues increased. It was better than the outcome analysts had predicted.
The company, which went public more than a year ago, reported a loss of $0.07 per share for the June quarter, on an adjusted basis, compared to a loss of $0.06 per share in the year-ago period. Net loss, meanwhile, narrowed to $100.75 million or $0.17 per share from $1.16 billion or $2.62 per share las year.
Revenues increased 4% annually to $272.5 million even as the number of global monthly active users grew by 39%. Both revenues and the bottom-line topped expectations.
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales