Tag: revenue
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Adyen lifts 2026 revenue outlook after strong first half
Aug 13 : Adyen, the Dutch firm that handles payments for Spotify and Microsoft, raised its annual revenue growth forecast on Thursday as it continued to win more customers and invest in its payments technology.Adyen now expects net revenue to grow between 21 per cent and 23 per cent in 2026, compared with a p
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Cisco forecasts annual revenue above estimates on sustained AI spending
Aug 12 : Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.Shares of the San Jose, California-based company rose 3 per cent in extended trading. They have climbed over 56 per
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Nebius beats quarterly revenue estimates as AI demand fuels growth
Aug 12 : Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services helped the company win larger contracts and raise prices for computing capacity, sending its shares up 12 per cent in premarket trading.The Amsterdam-based AI infrastructure
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Tencent Q2 revenue climbs 11% on AI-driven ad gains, but profit falls short
BEIJING, Aug 12 : Tencent Holdings reported an 11 per cent rise in second-quarter revenue on Wednesday, driven by strong advertising sales and steady gaming income, as the Chinese technology giant ramps up AI spending.For the three months to the end of June, the Shenzhen-based gaming and internet company repo
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Super Micro forecasts upbeat annual revenue on data center adoption
Aug 11 : Super Micro Computer forecast fiscal 2027 revenue above Wall Street expectations on Tuesday, betting that strong demand for its AI-optimized servers would fuel another year of growth, sending its shares up 7 per cent in extended trading.The server maker has benefited from the race to equip data cente
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Super Micro forecasts upbeat annual revenue on AI boom
Aug 11 : Super Micro Computer forecast fiscal 2027 revenue above Wall Street expectations on Tuesday, betting that strong demand for its AI-optimized servers would fuel another year of growth, sending its shares up 9 per cent in extended trading.The server maker has been a winner in the race to equip data cen
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CoreWeave edges past quarterly revenue estimates
Aug 11 : AI cloud company CoreWeave edged past Wall Street estimates for quarterly revenue on Tuesday, driven by strong demand for its computing services that power AI systems. Shares of the company were up more than 4 per cent in extended trading. They have risen more than 22 per cent so far this year.
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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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Eutelsat sees revenue growth as OneWeb expands, shares drop on margin outlook
Aug 7 : Eutelsat said on Friday it expected slight revenue growth in 2027 as rapid expansion of its OneWeb satellite connectivity business offsets declines elsewhere, though weaker-than-expected profitability sent its shares down as much as 8 per cent.The company said it expected slight growth in operating re
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