Tag: revenue
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Once-bankrupt Atari returns to profit with decade-high revenue
Aug 3 : Video game developer Atari reported annual revenue of €56 million ($65 million) on Monday, its highest in more than a decade, as a strategy built on reviving old franchises and buying up studios pulled the Paris-based company back into profit.Atari, the arcade and console pioneer that filed for bank
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Domain registrar GoDaddy narrows annual revenue forecast
July 30 : GoDaddy narrowed its annual revenue forecast and largely met second-quarter estimates on Thursday, amid slower adoption of AI tools and weaker customer acquisition.Here are some details:• GoDaddy has heavily invested in AI tools to help small and medium-sized businesses build and automate t
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Reddit expects revenue above estimates as AI tools attract advertisers
July 30 : Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, signaling its strategy to draw marketers by offering AI-powered advertising tools is paying off.Shares of the company fell 6 per cent in volatile extended trading after the company reported slowing growth in both second-q
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Worldline cuts revenue growth forecast as bank contract delays slow recovery
July 30 : French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company’s recent setbacks.Worldline now expects flat to marginally positive revenue gro
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Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate
July 29 : Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply constraints and rising costs weighed on its business.Shares of the San Diego, California-based company were down more than 3 per cent in
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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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ASMI lifts 2027 outlook, forecasts third-quarter revenue above estimates
July 28 : ASM International on Tuesday forecast third-quarter revenue above market expectations and upgraded its 2027 sales outlook, buoyed by continued demand from customers investing in artificial intelligence infrastructure. The Dutch semiconductor equipment maker expects third-quarter revenue of about 1.1
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STMicroelectronics profit misses estimates, shares fall 14%
July 23 : STMicroelectronics reported second-quarter core profit below market expectations and forecast third-quarter revenue slightly below analyst estimates on Thursday, sending its shares down 14 per cent.The results disappointed investors betting on a faster recovery at the Franco-Italian chipmaker after
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STMicro raises data-centre expectations after profit miss, shares tank
July 23 : STMicroelectronics said it expects data-centre demand to boost revenue towards the end of the year, after reporting second-quarter core profit and a third-quarter sales forecast that missed expectations on Thursday.The shares fell 14 per cent in early trade.The Franco-Italian chipmaker, whose
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Dassault Systèmes confirms 2026 outlook, bets on AI with $1.8 billion ArisGlobal deal
July 23 : French software maker Dassault Systèmes confirmed its full-year outlook on Thursday after reporting second-quarter revenue in line with expectations and announced the acquisition of U.S.-based life sciences software company ArisGlobal to deepen its push into artificial intelligence.The company, who
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