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Meta Platforms, Inc. (NASDAQ: META) reported fourth quarter 2022 earnings results today. Revenue declined 4% year-over-year to $32.17 billion. Net income fell
Meta Platforms, Inc. (NASDAQ: META) reported fourth quarter 2022 earnings results today. Revenue declined 4% year-over-year to $32.17 billion. Net income fell 55% to $4.6 billion while EPS dropped 52% to $1.76 compared to last year. The top line beat
Amgen Inc. (NASDAQ: AMGN) said its revenues remained unchanged in the fourth quarter of 2022 when the biotechnology firm's earnings declined. Unadjusted earnings decreased to $4.09 per share in the December quarter from $4.40 per share in the year-ago period.
Humana Inc. (NYSE: HUM) on Wednesday reported fourth-quarter 2022 results. Adjusted profit increased from last year, aided by a 7% growth in revenues. On an unadjusted basis, the company reported a net loss of $15 million or $0.12 per share
Western Digital Corp. (NASDAQ: WDC) reported revenue of $3.1 billion for the second quarter of 2023, which was down 36% year-over-year. The company reported a net loss of $446 million, or $1.40 per share, compared to a net income of $564
Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5 billion, with strong contributions from the core laboratory products and
Electronic Arts (NASDAQ: EA) reported total net revenue of $1.88 billion for the third quarter of 2023 compared to $1.78 billion in the same period a year ago. Net income was $204 million, or $0.73 per share, compared to $66
Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion while EPS rose 70.5% to $1.50 compared to the same
Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the most recent quarter from $0.92 per share in the fourth
Snap Inc. (NYSE: SNAP) reported fourth quarter 2022 earnings results today. Revenue of $1.3 billion remained relatively unchanged from the same period last year and was in line with expectations. Net loss was $288 million, or $0.18 per share, compared
Spotify Technology S.A. (NYSE: SPOT) reported a wider net loss for the fourth quarter of 2022 when the music streaming platform's revenues increased by 18%. The Sweden-based company reported total revenues of €3.17 billion for the fourth quarter, which is
UPS (NYSE: UPS) reported fourth quarter 2022 earnings results today. Consolidated revenues decreased 2.7% year-over-year to $27 billion. Net income increased 12% to $3.4 billion, or $3.96 per share, compared to the year-ago quarter. Adjusted EPS was $3.62. While earnings
ExxonMobil Corporation (NYSE: XOM) on Tuesday announced financial results for the fourth quarter of 2022, reporting strong growth in revenues and adjusted profit. Total revenues and other income were $95.4 billion in the December quarter, compared to $85 billion in
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter adjusted profit increased 16% to $2.59 per share from $2.23
Pfizer Inc. (NYSE: PFE) reported fourth quarter 2022 earnings results today. Revenues increased 2% year-over-year to $24.3 billion but missed estimates. Reported net income rose 47% to $4.9 billion, or $0.87 per share, compared to the prior year. Adjusted EPS
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8% to $1.39. Adjusted EPS increased 57% to $2.12. Both revenue
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per share in the same period of last year. Unadjusted profit
Semiconductor company Lam Research (NASDAQ: LRCX) has announced financial results for the second quarter of 2023, reporting higher earnings and revenues. Adjuster profit, excluding special items, advanced to $10.71 per share in the December quarter from $10.42 per share in
Telecommunications company Comcast Corp. (NASDAQ: CMCSA) has reported an increase in adjusted earnings for the fourth quarter of 2022 when the company's revenues rose modestly. Total revenues moved up 1% annually to $30.55 billion in the final three months of
Colgate-Palmolive Company (NYSE: CL) reported fourth quarter 2022 earnings results today. Net sales increased 5% year-over-year to $4.62 billion. Organic sales growth was 8.5%. Net income attributable to Colgate-Palmolive Company was $5 million, or $0.01 per share, compared to $148 million,
Chevron Corporation (NYSE: CVX) reported fourth quarter 2022 earnings results today. Total revenues and other income were $56.4 billion compared to $48.1 billion in the year-ago period. Net income attributable to Chevron Corporation was $6.3 billion, or $3.33 per share,
American Express Company (NYSE: AXP) reported fourth quarter 2022 earnings results. Consolidated total revenues net of interest expense were $14.2 billion, up 17% from a year ago. Net income was $1.6 billion, or $2.07 per share, compared to $1.7 billion,
