Tag: quarterly revenue
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EBay forecasts quarterly revenue above estimates
Aug 5 : EBay forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles and refurbished products to bring more high-value buyers to its online marketplace.The company has sharpened its focus on enthusiast buyers through “focus cat
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Arista forecasts upbeat quarterly revenue on AI-driven networking demand
Aug 4 : Arista Networks forecast third-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for its networking gear as companies expand their AI infrastructure.The company has been expanding beyond its core cloud customer base into enterprise campus and branch networking to diversi
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Pinterest expects slower quarterly revenue growth as ad competition heats up
Aug 4 : Image-sharing platform Pinterest forecast slower revenue growth for the third quarter on Tuesday, signaling tough competition for digital advertising from bigger players including Meta’s Instagram, sending its shares down 6 per cent in extended trading.Pinterest has been expanding Performance+, its A
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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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Google beats quarterly revenue expectations off of enterprise AI surge
July 22 : Alphabet topped Wall Street estimates for its second-quarter revenue, buoyed by continued strong demand for its cloud computing services from enterprises worldwide.Revenue at Google Cloud rose 82 per cent to $24.8 billion during the quarter ended June, accelerating from the 63 per cent jump reported
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Texas Instruments forecasts quarterly revenue above estimates
July 22 : Texas Instruments forecast quarterly revenue above analysts’ estimate on Wednesday, signaling a recovery in industrial chip demand and growing momentum for its AI data center chips.While TI does not make the high-performance AI processors such as those from Nvidia, it produces analog chips that mana
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Cerebras posts rise in quarterly revenue in first report post-IPO
June 23 : Cerebras Systems posted a 94 per cent increase in first-quarter revenue on Tuesday in its first financial update since going public, benefiting from robust enterprise demand for its specialized AI chips.The company reported revenue of $193.4 million for the quarter, compared with $99.5 million repor
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EV maker VinFast’s quarterly revenue rises on strong Southeast Asia demand
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia.The company’s quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 trillion do
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EV maker VinFast reports rise in quarterly revenue
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia. The company’s quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 tri
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