Text size Garmin. which makes satellite devices, is not so upbeat about the rest of the year. George Frey/Bloomberg Navigation device maker Garmin is now less upbeat about its future. Garmin (ticker:...
Tag: Earnings Report
Boeing Earnings Revealed Another Big Loss. What Saved the Day for the Stock.
Text size Boeing delivered 121 commercial jets in the second quarter of 2022, up from 95 jets delivered in the first quarter. Justin Tallis/AFP via Getty Images Boeing’s quarterly earnings were messy,...
Alphabet And Microsoft Missed Their Earnings Estimates
Getty Images Key takeaways Alphabet and Microsoft released their earnings reports Tuesday after the bell Both tech giants missed estimates, though the damage wasn’t as bad as some feared Alphabet shar...
Intuitive Surgical Stock Is Tanking. But Analysts Like the Long-Term Story.
Text size J.P. Morgan calls Intuitive’s da Vinci Xi robotic surgical system first and best in class. Courtesy of Intuitive Surgical Surgical systems manufacturer Intuitive Surgical had a disappo...
Verizon Stock Falls Sharply on Cut to Earnings Guidance
Text size Verizon said wireless revenue growth for the year will be between 8.5% to 9.5%, lower than previous guidance. David Paul Morris/Bloomberg Verizon Communications posted second-quarter earning...
Seagate’s Earnings Miss Estimates as Demand for Disk Drives Worsens
Text size A Seagate hard drive from an Apple laptop computer. Demand is weakening in consumer-related markets. Brent Lwein/Bloomberg The disk-drive company Seagate Technology posted sales and profits ...
AT&T’s Dividend Yield Jumps as the Stock Falls After Earnings
Text size AT&T Justin Sullivan/Getty Images AT&T stock is shedding value on Thursday, after a big miss on second-quarter free cash flow and lowered guidance for the remainder of the year. That...
AT&T Stock Drops Despite Adding Subscribers. Here’s Why.
Text size AT&T added more wireless and fiber subscribers than expected, paid down debt, and continued to invest in fiber and 5G. Justin Sullivan/Getty Images In its first three months as a telecom...
ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.
Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of m...
Shares Jump Despite Subscriber Losses
Getty Images Key takeaways Netflix earnings for Q2 2022 dropped Tuesday after market close The streaming giant posted a loss of 970,000 subscribers compared to its previous loss forecast of 2 million ...
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg Text size IBM kicked off tech earnings season with better...
Taiwan Semi Boosts Revenue Forecast After Topping Earnings Estimates
Text size Photograph by Sam Yeh/AFP/Getty Images Strong demand from auto makers and consumer goods giants helped Taiwan Semiconductor Manufacturing raise revenue forecasts for the year and beat second...
Micron Stock Is Sliding. The Outlook Disappointed.
Text size New Street Research analyst Pierre Ferragu says recent weakness in Micron Technology stock represents an opportunity to buy. Dreamstime Micron Technology stock is trading lower after the mem...
Carnival Stock Surges as Second-Quarter Revenue Rises Sharply
Text size A large Carnival cruise ship docked at port in turquoise blue water. Dreamstine Shares of Carnival were rising Friday after the cruise line posted second-quarter revenue that rose sharply fr...
DocuSign Stock Tumbles on Cut to Outlook
Text size DocuSign reported fiscal first-quarter earnings well below Wall Street’s estimate. Tiffany Hagler-Geard/Bloomberg DocuSign (ticker: DOCU) shares are sharply lower in late trading Thurs...
What ChargePoint Earnings Say About the State of EV Charging in America
Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...
EVgo Misses Estimates. The Beaten-Up Stock Rises Anyway.
Text size Jim Watson/AFP via Getty Images Electric-vehicle charging company EVgo reported first-quarter results that missed Wall Street expectations. Shares were rising anyway. They have been beaten u...
Occidental Stock Rises on Record $4.7 Billion Quarterly Profit
Text size Occidental Petroleum has a huge footprint in the Permian Basin of West Texas. Joe Raedle/Getty Images Shares of Occidental Petroleum , one of the biggest producers of U.S. onshore oil and ga...
Vroom Stock Races Ahead After Earnings, CEO Switch and Turnaround Plan
Text size Courtesy of Vroom Vroom is poised to be one of the biggest winners of Tuesday’s volatile trading session, with the stock racing ahead after the company reported better-than-expected earnings...
Palantir Earnings and Outlook Fall Short of Estimates. The Stock Plunges.
Text size Palantir guided to a ‘base case’ of $470 million in revenue for the second quarter. Dreamstime Palantir Technologies posted soft first-quarter results, along with June quarter gu...
BioNTech Earnings Top Forecasts on Strong Sales of Covid-19 Vaccine
Text size BioNTech is continuing to work with Pfizer on follow-on Covid-19 vaccines. (Photo by THOMAS LOHNES/AFP via Getty Images) BioNTech , the German biotech company, reported first-quarter earning...
Bill.com Stock Plummets as Revenue Growth Slows
Text size Bill.com’s financial forecasts point to slower revenue growth than in the past. Dreamstime Bill.com’s stock lost nearly a third of its value even though the bill-payment automation com...
Deere Stock Plunged Friday. Wall Street Thinks Investors Overreacted.
Text size A John Deere autonomous tractor. Courtesy of John Deere Stock of agricultural-machinery giant Deere plummeted 14.1% Friday after the company reported better-than-expected fiscal-second-quart...