Categories AlphaGraphs, Earnings, Industrials
Infographic: Highlights of Tesla (TSLA) Q1 2020 earnings report
Tesla Inc. (NASDAQ: TSLA) turned to profit in the first quarter of 2020 aided by strong revenue growth, continuing the positive trend seen in the trailing two quarters. The results also came in above the market’s prediction.
The Silicon Valley electric car maker reported adjusted earnings of $1.24 per share for the March quarter, compared to a loss of $2.9 per share last year. On an unadjusted basis, net income was $16 million or $0.09 per share, compared to a loss of $702 million or $4.10 per share in the first quarter of 2019.
Revenues increased 32% annually to $5.99 billion. The top-line also exceeded the forecast. Tesla’s stock closed Wednesday’s regular trading higher and continued to gain during the extended session. It has moved up 86% since the beginning of the year.
[irp posts=”53469″]
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
