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Western Digital Corp. (NASDAQ: WDC) reported revenue of $2.8 billion for the third quarter of 2023, which was down 36% year-over-year. Net
Western Digital Corp. (NASDAQ: WDC) reported revenue of $2.8 billion for the third quarter of 2023, which was down 36% year-over-year. Net loss was $572 million, or $1.82 per share, compared to net income of $25 million, or $0.08 per
The Lion Electric Company (NYSE: LEV) reported first quarter 2023 earnings results today. Revenue increased to $54.7 million from $22.6 million in the same period last year, mainly due to an increase in vehicle sales volume. Net loss was
Payment solutions firm PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the first quarter of 2023, reporting higher earnings and revenues. First-quarter revenues rose 9% year-over-year to $7.04 billion amid strong growth in payment volumes. The company reported an
Booking Holdings Inc. (NASDAQ: BKNG) has announced financial results for the first quarter that ended March 31, 2023, reporting strong earnings and revenue growth. Reported net income for the first quarter was $266 million, or $7.0 per share, compared to
Tyson Foods, Inc. (NYSE: TSN) reported its second quarter 2023 earnings results today. Sales of $13.1 billion remained flat compared to the same period last year and fell below expectations of $13.6 billion. Net loss attributable to Tyson was $97 million,
Cloud service provider Dropbox, Inc. (NASDAQ: DBX) reported lower adjusted earnings first quarter of 2023, despite an increase in revenues. First-quarter earnings, excluding special items, decreased to $0.42 per share from $0.38 per share in the corresponding period of last year.
Monster Beverage Corporation (NASDAQ: MNST) reported net sales of $1.70 billion for the first quarter of 2023, which was up 11.9% from the same period a year ago. Net income increased 35.1% to $397.4 million while EPS grew 36.6% to
Expedia Group (NASDAQ: EXPE) has reported its first-quarter financial results. The travel company’s revenues increased 18% year-over-year to $2.67 billion in the first three months of fiscal 2023. Meanwhile, the company reported a net loss of $145 million or $0.95 per
Shopify Inc. (NYSE: SHOP) reported total revenue of $1.5 billion for the first quarter of 2023, which was up 25% from the same period a year ago. The company reported net income of $68 million, or $0.05 per share, compared
Financial services company Block, Inc. (NYSE: SQ), previously known as Square, reported a sharp increase in first-quarter adjusted earnings. Revenues increased 26%. First-quarter earnings, adjusted for one-off items, more than doubled to $0.40 per share from $0.18 per share in
The Cigna Group (NYSE: CI) reported first quarter 2023 earnings results today. Total revenues increased 6% year-over-year to $46.5 billion. Adjusted revenues increased 5% to $46.5 billion. Shareholders' net income was $1.3 billion, or $4.24 per share, compared to $1.2 billion, or $3.73 per share, last
Gadget giant Apple Inc. (NASDAQ: AAPL) on Thursday said its second-quarter 2023 sales declined from last year, reflecting lower Mac and iPad sales. The results, however, came in above the market's projections. Net sales of the Cupertino-based tech firm dropped
Chimera Investment Corporation (NYSE: CIM) reported net interest income of $69.6 million for the first quarter of 2023 compared to $137.7 million in the same period a year ago. Net income available to common shareholders was $38.9 million, or $0.17 per
Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) on Thursday reported a decline in adjusted earnings for the first quarter of 2023, despite an increase in revenues. Total revenues moved up 7% year-over-year to $3.16 billion in the three months ended March 2023.
Kellogg Company (NYSE: K) reported its first quarter 2023 earnings results today. Net sales increased 10.4% year-over-year to $4 billion. Organic net sales grew 13.7%. Net income attributable to Kellogg Company dropped to $298 million, or $0.86 per share, from
Moderna, Inc. (NASDAQ: MRNA) reported first quarter 2023 earnings results today. Total revenue was $1.9 billion, compared to $6.1 billion in the same period a year ago, mainly due to a drop in sales of the company's COVID-19 vaccines. Product
Yelp Inc. (NYSE: YELP) Q1 2023 Earnings Call dated May. 04, 2023 Corporate participants: James Miln -- Senior Vice President, Finance and Investor Relations Jeremy Stoppelman -- Co-founder & Chief Executive Officer David Schwarzbach -- Chief Financial Officer Jed Nachman
Insurance service provider Genworth Financial, Inc. (NYSE: GNW) has reported lower earnings and revenues for the first quarter of 2023. The company repurchased around $68 million of its stock during the quarter. Net income available to shareholders decreased to $62
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) reported lower earnings and revenues for the second quarter of 2023. The company also provided guidance for the third quarter. At $9.28 billion, second-quarter revenues were down 17% from the prior-year quarter. Both the QCT
The Estee Lauder Companies Inc. (NYSE: EL) reported third quarter 2023 earnings results today. Net sales were $3.75 billion, down 12% from the prior-year period. Organic net sales fell 8%. Net earnings were $156 million, or $0.43 per share, compared
The Kraft Heinz Company (NASDAQ: KHC) reported first quarter 2023 earnings results today. Net sales increased 7.3% year-over-year to $6.5 billion. Organic sales rose 9.4%. Net income attributable to common shareholders grew 8% to $836 million, or $0.68 per share, compared
