The Procter & Gamble Company (NYSE: PG) reported second-quarter 2020 financial results before the regular market hours on Wednesday. The consumer goods major reported second-quarter revenue of $19.7 billion, up 8% year-over-year, and higher than the Wall Street projection. Meanwhile, net income of $1.47 per share missed the target that analysts had predicted.
PG shares rose 1.7% immediately following the announcement. The stock has gained a modest 5% in the trailing 12 months.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard