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Spotify Technology S.A. (NYSE: SPOT) reported a double-digit increase in revenues for the third quarter of 2022. However, the music streaming platform
Spotify Technology S.A. (NYSE: SPOT) reported a double-digit increase in revenues for the third quarter of 2022. However, the music streaming platform incurred a loss during that period. The Sweden-based company reported total revenues of €3.04 billion for the third
The Boeing Company (NYSE: BA) reported third quarter 2022 earnings results today. Revenues increased 4% year-over-year to $16 billion but fell short of estimates. Net loss attributable to shareholders was $3.27 billion, or $5.49 per share, compared to a
Harley-Davidson, Inc. (NYSE: HOG) reported third quarter 2022 earnings results today. Revenue grew 21% year-over-year to $1.65 billion, driven mainly by double-digit growth in HDMC revenue. GAAP net income grew 60% to $261 million while EPS rose 70% to $1.78.
Credit card giant Visa Inc. (NYSE: V) reported an increase in net profit and revenues for the fourth quarter of 2022. The results benefited from solid volume growth. Fourth-quarter net profit moved up to $3.94 billion or $1.86 per share
Software giant Microsoft Corp. (NASDAQ: MSFT) has entered the new fiscal year on a positive note, reporting stronger-than-expected earnings and revenues for the first quarter of 2023. The company, which has revolutionized information technology with the Windows operating system, said first-quarter
Alphabet Inc. (NASDAQ: GOOGL, GOOG) reported third quarter 2022 earnings results today. Total revenues increased 6% year-over-year to $69 billion. Net income was $13.9 billion, or $1.06 per share, compared to $18.9 billion, or $1.40 per share, last year. Both
Halliburton Company (NYSE: HAL) on Tuesday reported a sharp increase in third-quarter revenues. Reflecting the strong top-line performance, the oilfield services company's net profit more than doubled. Both operating segments registered strong growth in the September quarter, and total revenues
JetBlue Airways Corporation (NASDAQ: JBLU) reported third quarter 2022 earnings results today. Total operating revenues increased 30% year-over-year to $2.56 billion. Revenues were up 25% compared to Q3 2019. Net income decreased 56% YoY to $57 million, or $0.18 per
Pharma giant Biogen Inc. (NASDAQ: BIIB) on Tuesday announced financial results for the third quarter of 2022, reporting a double-digit drop in revenues and adjusted earnings that is unchanged from the year-ago period. Third-quarter profit, adjusted for one-off items, remained
General Motors Co. (NYSE: GM) reported third quarter 2022 earnings results today. Revenue totaled $41.8 billion compared to $26.7 billion in the same period last year. Net income attributable to stockholders was $3.3 billion, or $2.25 per share, compared to $2.4 billion,
UPS (NYSE:UPS) reported its third quarter 2022 earnings results today. Consolidated revenues increased 4.2% year-over-year to $24.2 billion. GAAP net income rose 11% YoY to $2.58 billion, or $2.96 per share. Adjusted EPS grew 10% YoY to $2.99. For
The General Electric Company (NYSE: GE) on Tuesday reported a decline in adjusted earnings for the third quarter of 2022 when the engineering firm’s revenues increased by 3%. The Boston-based industrial conglomerate posted adjusted earnings of $0.35 per share for
The Coca-Cola Company (NYSE: KO) reported third quarter 2022 earnings results today. Net revenues grew 10% year-over-year to $11.1 billion while organic revenues grew 16%. Net income attributable to shareowners of The Coca-Cola Company increased 14% YoY to $2.8 billion,
Energy giant Schlumberger Limited (NYSE: SLB) on Friday reported higher earnings and revenues for the third quarter of 2022, with all four operating segments registering double-digit growth. At $7.5 billion, total revenues were up 28% year-over-year. The core Well Construction
Telecom giant Verizon Communications Inc. (NYSE: VZ) on Friday reported a decline in net profit for the third quarter of 2022, despite an increase in revenues. Third-quarter adjusted earnings declined to $1.32 per share from $1.42 per share in the
American Express Company (NYSE: AXP) reported third quarter 2022 earnings results today. Consolidated total revenues, net of interest expense, were $13.6 billion, up 24% from the same period a year ago, driven primarily by increased Card Member spending. Net income
Snap, Inc. (NYSE: SNAP) reported a net profit for the third quarter of 2022, on an adjusted basis, contrary to expectations for a loss. Revenues of the multimedia messaging platform increased by 6% but slightly missed the estimates. Third-quarter earnings,
Philip Morris International Inc. (NYSE: PM) reported third quarter 2022 earnings results. Net revenues dropped 1.1% year-over-year to $8 billion. Net earnings attributable to PMI decreased to $2 billion from $2.4 billion in the year-ago period. Reported EPS was $1.34
Alaska Air Group (NYSE: ALK) reported higher revenues and adjusted profit for the third quarter of 2022, amid continued recovery in traffic. The company reported adjusted profit of $2.53 per share for the September quarter, compared to $1.47 per share
American Airlines Group (NASDAQ: AAL) reported third quarter 2022 earnings results today. Total operating revenues were $13.5 billion, up 50.1% year-over-year and up 13% compared to the same quarter in 2019. Net income was $483 million, or $0.69 per share,
AT&T Inc. (NYSE: T) reported third quarter 2022 earnings results today. Operating revenues decreased 4.1% year-over-year to $30 billion. Net income attributable to common stock was $6 billion, or $0.79 per share, compared to $5.8 billion, or $0.63 per share,
