Tag: revenue forecast,
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Snowflake lifts annual product revenue forecast, shares soar
Sept 2 : Snowflake raised its full-year product revenue forecast on Wednesday, betting on strong demand for its cloud data platform and AI offerings, sending its shares up more than 20 per cent in extended trading. The company now expects fiscal 2027 product revenue of $6.07 billion, compared with its previo
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CrowdStrike raises annual revenue forecast on strong cybersecurity demand
Aug 26 : CrowdStrike beat second-quarter earnings estimates and raised its annual revenue forecast on Wednesday, as demand for its cloud-based cybersecurity platform continued to grow.Shares of the Austin, Texas-based company rose more than 10 per cent in extended trading.• CrowdStrike is a cloud-nat
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Adyen raises revenue forecast on acquisition boost, shares soar
Aug 13 : Adyen raised its revenue growth forecast on Thursday, sending the shares 11 per cent higher and offering investors some relief after a year during which the Dutch payments processor lost more than a third of its market value.Adyen now expects its net revenue to grow between 21 per cent and 23 per…
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Airbnb hits four-year high as investors cheer revenue forecast raise, AI payoff
Aug 7 : Airbnb shares surged 14 per cent to a more-than-four-year high on Friday as the vacation-rental firm’s raised annual revenue forecast eased worries over the fallout on global travel demand from the conflict in the Middle East.As the war in Iran enters its sixth month, hotel operators and online travel
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Airbnb shares gain as investors cheer revenue forecast raise, AI payoff
Aug 7 : Airbnb shares rose 9 per cent in premarket trading on Friday as the vacation-rental firm’s raised annual revenue forecast eased worries over the fallout on global travel demand from the conflict in the Middle East.As the war in Iran enters its sixth month, hotel operators and online travel agencies ar
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Versant lifts annual revenue forecast as digital growth offsets pay-TV weakness
Aug 6 : Versant Media raised its annual revenue forecast on Thursday as higher advertising sales, driven by strong demand for its news and sports programming, and digital platform growth offset weak quarterly pay-TV distribution revenue.Shares of the New York-based company rose 7.4 per cent in premarket tradi
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Figma lifts annual revenue forecast as AI efforts drive solid demand
Aug 5 : Figma lifted its annual revenue forecast on Wednesday, encouraged by strong demand for its design software products, as the company’s efforts to integrate AI in its tools helped attract and retain more users. Shares of the company, however, fell 10 per cent in extended trading after it kept its annual
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AMD’s AI-powered revenue forecast fails to wow investors
Aug 4 : AMD forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-center capacity expansions to power AI technologies.Yet, its shares fell nearly 9 per cent in extended trading, suggesting that investors were looking for an even stronger ou
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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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Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics
Aug 3 : Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong government and commercial demand for its data analytics software, sending its shares up 14 per cent in extended trading.Denver-based Palantir has increasingly been marketing military-grade AI tools to businesses
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