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Microblogging site Twitter Inc. (TWTR) posted a 21% increase in total revenues to $665 million for the first quarter of 2018 compared
Microblogging site Twitter Inc. (TWTR) posted a 21% increase in total revenues to $665 million for the first quarter of 2018 compared to the prior year period. GAAP net income was $61 million or $0.08 per share in Q1 2018,
Semiconductor company Texas Instruments (TXN) reported top and bottom line results that topped consensus estimates for the first quarter of 2018, with revenue increasing 11.3% to $3.79 billion, aided by continued demand for the company’s Analog and Embedded Processing products
Benefitting from broad-based growth in product sales and lower tax rate, Amgen’s (AMGN) first-quarter earnings increased from last year and came in above forecast. The impressive results come at a time when the drug industry is facing pricing pressure from
The premium motorcycle company Harley-Davidson (HOG), that's been trying hard to increase its unit sales with a number of initiatives to attract the millennials, beat analysts' revenue and earnings expectations, while profit took a hit in the first quarter, declining
Verizon Communications Inc. (VZ) reported a 6.6% growth in consolidated operating revenues to $31.8 billion for the first quarter of 2018, compared to the prior-year period. Net income grew 31.3% year-over-year to $4.7 billion. GAAP EPS came in at $1.11
Earnings of Lockheed Martin (LMT), the biggest defense contractor in the country, increased sharply in the first quarter supported by broad-based sales growth. The key metrics came in about analysts’ expectations. Encouraged by the upbeat results, the company upgraded its
Drilling services provider Halliburton Company (HAL) reported earnings for the first quarter that met analysts' estimates while missed on revenue expectations. The company posted a 34% increase in revenue to $5.7 billion. The increase in revenue was the result of
Hasbro Inc. (HAS) reported a 16% decline in revenues to $716.3 million for the first quarter of 2018, due to the liquidation of Toys R Us in the US and UK and the retail inventory overhang in Europe. The company
Alaska Air Group (ALK) reported a 5% increase in total operating revenue to $1.8 billion in the first quarter of 2018, compared to the year-over period. Net income on a GAAP basis came in at $4 million or $0.03 per
Engineering behemoth General Electric (GE) reported an increase in first quarter profit, helped mainly by improved performance by the aviation and healthcare divisions. The market responded positively to the better-than-expected results, and the stock gained more than 5% in the
The numbers are finally out. Amazon.com Inc. (AMZN), which never reveals its Prime membership stats, has now disclosed that it has crossed 100 million subscribers. CEO Jeff Bezos revealed the figures in his annual letter to shareholders and pledged to
Quest Diagnostics (DGX) reported positive top and bottom line results for its first quarter, with revenue increasing to $1.88 billion, up 3.7%, driven by strategic acquisitions and lower Medicare reimbursement under PAMA (Protecting Access to Medicare Act). Net income was
Kinder Morgan (KMI), which controls North America's largest network of natural gas pipelines, reported a 20.9% jump in first-quarter earnings on almost flat revenue. Net earnings rose to $485 million from $401 million, while earnings per share jumped 22.2% to
Healthcare company Abbott Laboratories (ABT) reported worldwide sales of $7.4 billion for the first quarter of 2018, an increase of 16.7% versus the prior-year period, helped by new product launches. Net earnings on a GAAP basis came in at $418
Morgan Stanley (MS) — the last major investment bank to report earnings — soundly exceeded market expectations during the first quarter of 2018, primarily driven by an increase in equity trading as well as a lower corporate tax rate, which allowed
Multinational investment banking titan Goldman Sachs (GS), which has been trying to recover its foothold in its critical trading units for the last couple of years, reported first-quarter revenue and profit topping analyst estimates. Revenue jumped 25% year-over-year to $10.04
Pharmaceutical giant Johnson & Johnson (JNJ) reported a 12.6% increase in sales to $20 billion for the first quarter of 2018 as domestic sales grew 6.1% and those from international markets improved about 20%. The increase in worldwide revenues was
Multinational financial services firm Bank of America (BAC) topped analyst expectations by posting a 30% growth in its profit during the first quarter of 2018. The banking giant posted net income of $6.9 billion vs $5.34 billion in the prior-year
No matter how big the consumer industry becomes, the inevitable fact that the food and agriculture sector makes its foundation cannot be overlooked. The set of companies in this group have seen some ups and downs in the past few
Infosys Ltd. reported a 9.2% growth in revenues to $2.8 billion in its fourth quarter of 2018 compared to last year. Net profits grew 5.3% year-over-year to $571 million and earnings per share came in at $0.26. Both revenue and
Pharmaceutical giant Johnson & Johnson’s (JNJ) earnings results are due on April 17 before the opening bell, amidst concerns over the rising threat from biosimilars. Sale of its blockbuster arthritis drug, Remicade, was particularly impacted by the rising influence of
