Tag: revenue
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Netflix earnings forecast disappoints Wall Street, shares tumble
LOS ANGELES, July 16 : Netflix forecast third-quarter revenue and earnings on Thursday that fell short of Wall Street targets and said it would cut the frequency of viewing-hours reports as the company seeks new avenues of growth.Shares of Netflix fell nearly 8.6 per cent in after-hours trading to $67.99.
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Netflix earnings forecast disappoints investors, shares tumble
LOS ANGELES, July 16 : Netflix offered third-quarter revenue and earnings projections on Thursday that hovered below Wall Street targets and said it would reduce the amount of information it discloses on viewing hours as the streaming video pioneer seeks new avenues of growth in a competitive media landscape.
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Netflix third-quarter earnings forecast falls shy of Wall Street expectations
LOS ANGELES, July 16 : Netflix offered third-quarter revenue and earnings projections on Thursday that hovered below Wall Street targets and said it would reduce the amount of information it discloses on viewing hours as the streaming video pioneer seeks new avenues of growth.The company said it expected $12.
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India’s Tech Mahindra tops quarterly revenue views on manufacturing segment growth
BENGALURU, July 16 : Indian software services provider Tech Mahindra’s first-quarter revenue beat expectations on Thursday, with growth in the firm’s manufacturing segment and a weak rupee helping the topline.Revenue at India’s fifth-largest IT firm rose 17.7 per cent year-on-year to 157.12 billion rupees ($1
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India’s Wipro misses first-quarter revenue view
BENGALURU, July 16 : India’s No.4 software services provider Wipro posted lower-than-expected first-quarter revenue on Thursday, with clients holding back non-essential tech spending as geopolitical uncertainty and AI-led disruption weighed on the sector. Consolidated revenue in the three months ended June
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IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI
July 14 : IBM’s preliminary second-quarter revenue forecast came below Wall Street estimate on Tuesday, as customers prioritized spending on AI infrastructure, including servers, storage and memory purchases, sending its shares slumping 17 per cent in premarket trading. The results reflect an industry-wide s
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India’s LTM expects AI revenue to outpace traditional services, CEO says
BENGALURU, July 14 : Indian software services firm LTM expects AI revenue to outpace its traditional services business, CEO Venu Lambu told Reuters, betting that enterprises will need IT companies to deploy powerful large language models from firms such as Anthropic and OpenAI.Investor worries that increasing
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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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Korean Air Q2 profit falls 34% on higher fuel costs, revenue hits record high
HONG KONG, July 13 : Korean Air Lines reported a 34 per cent drop in second-quarter operating profit on Monday, as surging fuel costs weighed on earnings despite the carrier posting record revenue for the quarter.• The South Korean flag carrier said operating profit for the April-June period fell to 261.8 b
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European football revenue breaks €40 billion but growth is slowing, says Deloitte
July 8 : European football surpassed €40 billion ($46 billion) in revenue for the first time in the 2024-25 season, but growth is showing signs of stalling, Deloitte said in its annual review of football finance.Football across the continent generated €40.2 billion in the season that ended in mid-2025, up
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