Tag: revenue estimates
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CoreWeave beats quarterly revenue estimates as AI cloud demand surges
Aug 11 : CoreWeave topped Wall Street estimates for quarterly revenue on Tuesday and posted a smaller-than-expected loss, driven by strong demand for its AI cloud computing services, sending its shares about 14 per cent higher in extended trading. So-called neoclouds such as CoreWeave and peer Nebius, which o
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CoreWeave edges past quarterly revenue estimates
Aug 11 : AI cloud company CoreWeave edged past Wall Street estimates for quarterly revenue on Tuesday, driven by strong demand for its computing services that power AI systems. Shares of the company were up more than 4 per cent in extended trading. They have risen more than 22 per cent so far this year.
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Roku beats quarterly revenue estimates on advertising, subscriptions strength
Aug 6 : Streaming platform Roku on Thursday reported second-quarter revenue that beat Wall Street estimates, driven by its advertising and subscriptions segments.Roku is awaiting the closure of a deal to be acquired by Fox Corp for$22 billion, uniting the broadcaster’s content empire with Roku’s streaming di
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Snap beats revenue estimates on ad boost from World Cup, shares surge
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 13 per cent in extended trading.The social media company is bolstering its appeal by fo
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Snap beats revenue estimates on ad boost from World Cup, shares jump
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9 per cent in extended trading.The social media firm’s focus on direct response ads, de
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Snap beats revenue estimates on ad boost from World Cup
Aug 3 : Snap beat Wall Street estimate for second-quarter revenue on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America.The social media company’s shares jumped 9 per cent in extended trading.Snap’s focus on
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India’s HCLTech beats first-quarter revenue estimates on financial services strength
BENGALURU, July 13 : Indian software services exporter HCLTech beat analysts’ expectations for first-quarter revenue on Monday, buoyed by strength in its financial services, technology and retail segments.The country’s third-largest IT services firm posted a 13.94 per cent year-on-year rise in consolidated re
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Oracle beats fourth-quarter revenue estimates amid AI spending worries
June 10 : Oracle reported fourth-quarter revenue that narrowly beat Wall Street expectations on Wednesday, amid growing concerns about its spending and AI-driven disruption to traditional software demand.Shares of the company fell 2 per cent in extended trading, after it said it expects to raise nearly $40 bi
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