Tag: quarterly revenue
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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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Broadcom forecasts quarterly revenue above estimates on strong AI chip demand
(Corrects to say adjusted profit beat estimates, not trailed, in paragraph 7)June 3 : Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear.However, shares of the Palo Alto, California-based company fel
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