Tag: weak quarterly
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Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans
Aug 5 : Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions.The global ride-hailing and delivery giant’s capital allocation has becom
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Match’s weak quarterly revenue forecast masks improving trends at Tinder
Aug 4 : Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, overshadowing signs of improvement in its struggling Tinder dating app and continued growth at Hinge, sending its shares down 9 per cent in extended trading.The weak outlook stems from the company’s Everyone Everywhere
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Match’s weak quarterly revenue forecast clouds improving trends at Tinder
Aug 4 : Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, overshadowing signs of improvement in its struggling Tinder app and continued growth at its Hinge dating app, sending its shares down 9 per cent in extended trading.The weak outlook stems from the company’s Everyone Eve
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Cognizant forecasts weak quarterly revenue amid cautious client spending
July 29 : Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, as clients remained cautious on discretionary IT spending. Shares of the company were down 3 per cent in premarket trading. • Cognizant expects third-quarter revenue between $5.60 billion and $5.68
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