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Shares of Roku Inc. (ROKU) fell sharply Wednesday despite the TV streaming platform reporting a narrower net loss and higher revenues for
Shares of Roku Inc. (ROKU) fell sharply Wednesday despite the TV streaming platform reporting a narrower net loss and higher revenues for the third quarter, which came in above analysts’ forecast. The company also revised up its revenue guidance for
Square (SQ) stock inched down over 4% in the after-market session following weak guidance for the fourth quarter. The third quarter bottom line results benefited from the strong revenue growth as well as the gain from the initial public offering
The US Securities and Exchange Commission (SEC) finally caught up with the Citibank (C) and fined them $38 million for misrepresenting American Depositary Receipts (ADRs) to brokers. The financial giant provided US securities that represent foreign shares in numerous premature
Office Depot Inc.’s (ODP) shares surged over 9% after the company reported better-than-expected sales and earnings for the third quarter of 2018 and raised its guidance for the full year of 2018. Total sales increased 10% to $2.9 billion from
Groupon Inc. (GRPN) reported a jump in earnings for the third quarter helped by a benefit related to the IBM settlement as well as lower costs and expenses. The bottom line exceeded analysts' expectations while the top line missed consensus
21st Century Fox (FOXA) saw total revenue inch 2% up to $7.18 billion as it posted its Q1 2019 results on Wednesday, Nov 7, before the opening bell. The media giant, soon to be merged with Disney, posted a 54%
Michael Kors Holdings Limited’s (KORS) shares dropped over 12% during premarket hours on Wednesday after the company topped market estimates on earnings for the second quarter of 2019 but missed the mark on revenues. Total revenues grew 9.3% to $1.25
Dish Network Corp’s (DISH) stock fell at least 1.56% in pre-market trade as the US satellite TV service provider posted a 5% fall in revenue after shedding at least 367,000 satellite subscribers during the third quarter. Cheaper services such as
Qualcomm (QCOM) swung to a loss of 35 cents per share in Q4 from a profit of 11 cents per share a year ago, primarily hurt by a patent battle with Apple (AAPL), as well as termination charges related to
Red Robin Gourmet Burgers (RRGB) stock inched down over 10% in the after-market session following lower-than-expected revenue for the third quarter. The top line remained hurt by dine-in traffic, lower average guest check and a decline in guest counts. However,
Web hosting company GoDaddy (GDDY) reported 17% jump in third-quarter revenue to $679.5 million, as total bookings improved 11%. However, weighed down by higher costs, net income for the quarter fell to $14.1 million, or 8 cents per share, from
Higher expenses and muted sales weighed down on the third-quarter earnings of pizza chain Papa John’s (PZZA), which is struggling to come out of the embarrassment caused by the unceremonious exits of John Schnatter as CEO earlier this year. The
Twilio (TWLO) reported a wider loss for the third quarter due to higher operating expenses. The results exceeded analysts' expectations. The cloud communications platform lifted its full-year 2018 guidance. Following this, the stock surged over 9% in the after-market session.
Square (SQ) stock more-than-doubled in the past 52 weeks to hit an all-time high of $99.01 on September 28, before tumbling 21% to the current price of $77.76. As the company heads to its next earnings report, scheduled for Wednesday,
Hydrogen fuel cell maker Plug Power Inc (PLUG) is expected to post its third-quarter earnings result before the opening bell on Thursday, November 8. Trump's latest administrative effects are expected to help the company as the US manufacturing sector has
Regeneron Pharmaceuticals Inc. (REGN) surpassed market expectations on revenue and earnings for the third quarter of 2018. The stock was up over 1% in early trading hours on Tuesday. Total revenues grew 11% to $1.66 billion versus the prior-year quarter.
Eli Lilly and Company (LLY) reported better-than-expected results on revenue and earnings for the third quarter of 2018 and revised its guidance for full-year 2018. The stock was up over 1.6% in premarket hours on Tuesday. [caption id="attachment_15907" align="aligncenter" width="649"]
Bausch Health Companies (BHC) reported a net loss for the third quarter, compared to a profit last year. On an adjusted basis, the company registered earnings, despite a fall in revenues. The top line, however, came in above analysts’ forecast,
CVS Health Corp (CVS) posted earnings results for the third quarter of 2018 on Tuesday, November 6, before the opening bell. Net revenues improved 2.4% to $47.3 billion, while GAAP diluted EPS from continuing operations was $1.36. Adjusted earnings was
Global pharmaceutical company Mylan N.V. (MYL) reported 100% surge in earnings for the third quarter helped by lower costs and expenses as well as a drop in income tax provision. The bottom line came in ahead of analysts' expectations while
Travel giant Booking Holdings (BKNG) reported a 7% increase in third-quarter earnings on a revenue of $4.85 billion, up 9.5 %. Analysts had expected the company to post earnings of $38.37 per share on a revenue of $4.8 billion. On
