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The struggling consumer technology company GoPro reported better than expected sales and earnings for the first quarter, with the numbers beating analyst
The struggling consumer technology company GoPro reported better than expected sales and earnings for the first quarter, with the numbers beating analyst expectations. The stock remained almost flat at the end of the regular trading session and jumped as much
Health insurer Cigna (CI) reported higher profit and revenue during the first quarter of 2018, thanks to the growth in premium and its medical customers. The company also raised its outlook for the full-year, spurring a positive share movement right
Italian sports carmaker Ferrari N.V. (RACE) reported net revenues of EUR 831 million for the first quarter of 2018, modestly up by 1.3% from the prior year period. Net profit grew 19.4% to EUR 149 million or $0.78 per share.
DowDuPont (DWDP) reported upbeat first-quarter results, as increased product pricing and demand for packaging, paint and other materials outweighed weak agriculture business. Shares of the chemical producer tumbled 1.56% in the pre-market session as investors remained worried about the company's
Meal-kit subscription company Blue Apron Holdings (APRN) witnessed a 20% fall in its net revenues during the latest first-quarter earnings. This fall in revenue was mainly due to the decrease in customers and orders following the deliberate pullback in marketing
Teva Pharmaceuticals Industries Ltd. (TEVA) reported a decrease of 10% in revenues to $5.1 billion for the first quarter of 2018 compared to the prior-year period, fueled by adverse market dynamics in the US generic market. Furthermore, generic competition to
Payment processing company Square (SQ) reported its first quarter results after the bell. Revenue for the quarter topped analysts’ consensus, while earnings came in line with the expectations. Second quarter earnings outlook missed street estimates, which irked investors. Square's shares
Electric car pioneer Tesla (TSLA) today reported 26% jump in first revenue to $3.4 billion, beating analysts’ estimates. The adjusted net loss for the quarter came in at a better-than-expected $568 million, or $3.35 per share. Analysts had expected quarterly
In a market session that saw Garmin fly high with earnings, the day got better for the wearables market after Fitbit (FIT) went up as high as 1.6% in trading post-market-close on upbeat first-quarter results. The wearables maker beat the
Snap Inc. (SNAP) reported its first quarter 2018 results on Tuesday which were not impressive enough despite growth in both consolidated and advertising revenues. Shares took a sharp dive downwards following the results. Snap’s redesign of its Snapchat app has
Delta Air Lines (DAL) reported some impressive growth in both traffic and capacity for the month of April. However, the airline stock couldn’t hold the gain in the early hours of trading and was up slightly at $52.85 at 12
HR services provider Automatic Data Processing Inc.’s (ADP) third quarter results beat street estimates. The company lifted its earnings outlook for the year aided by new business bookings. Shares rose nearly 4% before the bell and were up 2.5% in
Petroleum and natural gas exploration and production company Chesapeake Energy (CHK) reported higher quarterly earnings today that surpassed analysts' expectations, as it generated more oil and petroleum gas at higher prices while keeping expenses low. The company's shares, which were
Payment network Mastercard (MA) reported upbeat first-quarter results as more consumers bought items using credit and debit cards. In a quarter that was driven by solid transaction and volume levels, earnings and revenue came in above the street expectations, driving the company's stock
Shares of Garmin (GRMN), the maker of GPS sports watches and devices, jumped 1.47% to $59.86 during the pre-market trading, after the company topped sales and earnings estimates in Q1 2018. The growth in sales was aided by strong double-digit
CVS Health Corporation (CVS) reported an increase of 2.6% in revenues to around $45.7 billion for the first quarter of 2018 compared to the prior year period. Net income rose 4.7% to $998 million or $0.98 per share. Adjusted EPS
Apple’s (AAPL) revenues increased sharply in the second quarter supported by strong performance by iPhone, amidst increasing concerns over the recent slump in the sales of the iconic gadget. The top line exceeded market expectations, triggering a stock rally in
Snap's first quarter results fail to impress investors. Revenue improved 54% to $230.6 million compared to last year, but missed analysts’ estimates by a huge margin. As a result, shares plunged 17% in the extended hours of trading. However, the
Gilead Sciences (GILD) reported a 43% dip in earnings for the first quarter due to lower product sales and prescription trends. Higher competition and lower sales of certain hepatitis C products too impacted sales during the quarter. Despite the company
Pharma giant Merck (MRK) reported a 6% increase in worldwide sales to $10 billion for the first quarter of 2018 compared to the prior year period. On a GAAP basis, net income fell 52% to $736 million or $0.27 per
E-commerce technology provider Shopify Inc. (SHOP) reported upbeat first-quarter results, helped by an increase in the number of merchants joining the company’s platform and growth in gross merchandise volumes. Meanwhile, despite raising revenue outlook for full-year 2018, shares of the
