Education Images/Universal Images Group via Getty Images Key takeaways 3M posted lower-than-expected revenue for the fourth quarter of 2022 The company is cutting approximately 2,500 jobs 3M stock pri...
Tag: revenue
Tesla Bitcoin Losses Stack Up But Revenue Beat Q4 Expectations
Tesla published its Q4 financial report, beating earnings and revenue expectations. However, its Bitcoin investments remain at a loss. Tesla’s Bitcoin investments are still underwater, according to it...
Archer Daniels Midland blows past Wall Street’s profit and revenue estimates
Archer Daniels Midland Co. ADM, -1.24% said Thursday its fourth-quarter profit rose to $1.02 billion, or $1.84 a share, from $782 million, or $1.38 a share, in the year-ago quarter. Adjusted earnings ...
STMicroelectronics revenue, profit jump on automotive, microcontrollers strength
STMicroelectronics NV on Thursday posted a surge in revenue and profit for the fourth quarter led by growth at its automotive and microcontrollers divisions. The European chip maker STM IT:STM said ne...
Tesla Posts Best-Ever Quarterly Revenue And Profit
Topline Tesla beat analyst expectations in its fourth-quarter earnings report Wednesday though expenses soared, as the electric vehicle giant led by the nation’s wealthiest man Elon Musk grapple...
EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year
Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the company announced its Cybertruck is on track for producti...
ADP Clocks 9% Revenue Growth In Q2 Backed By New Bookings, Client Retention
Automatic Data Processing, Inc (NASDAQ: ADP) reported second-quarter FY23 revenue growth of 9% year-on-year to $4.39 billion, beating the consensus of $4.38 billion. Employer services revenue rose 8% ...
Stock weak following surprise loss, revenue miss
Boeing (BA) stock is trading lower in the pre-market as the aerospace and defense company reported a fourth-quarter revenue miss and surprise earnings per share (EPS) loss. For the quarter Boeing repo...
Danaher Says 2022 ‘Another Great Year,’ Delivers Around 10% Core Revenue Growth
Danaher Corp (NYSE: DHR) has logged Q4 FY22 adjusted EPS of $2.87, up 6.5% Y/Y, surpassing the estimate of $2.51. Sales increased 2.5% to $8.36 billion, with 7.5% non-GAAP core and 7.5% non-GAAP base ...
Tesla Probably Had Weakest Profit and Revenue Gains in Years
Key Takeaways Tesla is expected to report adjusted EPS of $1.19 for the fourth quarter of 2022, compared with $0.85 for the prior-year quarter. Revenue likely climbed about 38% to $24.4 billion. Tesla...
Soluna Steps Closer to Project Dorothy Revenue
Non-Dilutive Funding and Energization Plan in Motion ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), ...
Aave V3 set to launch on Ethereum amid a steady decline in daily revenue
A new proposal to launch Aave V3 on Ethereum has been published. The decline in new users on Aave has caused its daily revenue to decline by over 70% in the last year. Aave, the decentralized lending ...
The Ethereum Shanghai Harkfork Could Boost Coinbase Revenue
The Ethereum staking narrative has been gaining momentum recently. Liquid staking platforms will benefit when the Shanghai upgrade is deployed, but centralized exchanges could also get a boost. Accord...
Ransomware crypto revenue declines as victims refuse to pay: Chainalysis
Crypto revenue extorted by ransomware attackers fell significantly in 2022, down 40.3% to $456.8 million from $765.6 million the previous year. The trend in reduced ransomware payments was clear...
Ransomware Revenue Drops Amidst Less Successful Extortion Attempts: Chainalysis
2022 has been a turbulent year. One good thing to come out of it is that – ransomware earnings are significantly down. Attacks on the crypto industry remain rampant. However, data suggests that victim...
Procter & Gamble Reveals Underwhelming Revenue Impacted by Higher Product Prices in Fiscal Q2 2023 Statement
Consumer goods heavyweight Procter & Gamble saw its fiscal Q2 2023 earnings slip but maintained a higher organic fiscal sales growth. Procter & Gamble (NYSE: PG) recently reported declining r...
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes t...
40% revenue drop in 2022 — Chainalysis
Ransomware victims have seemingly had enough of the extortion, with ransomware revenues for attackers plummeting 40% to $456.8 million in 2022. Blockchain intelligence firm Chainalysis shared the data...
Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay
Ransomware attackers extorted $456 million in 2022 compared to $765 million in 2021. In 2019, only 24% of victims refused to pay attackers, but the figure doubled recently. Attackers often send their ...
Paxos & MakerDAO Partnership, Helps Latter Earn Revenue
3 hours ago | 2 mins read Exchange News Paxos claimed that Maker would earn an additional $29 million in revenue each year. In 2024, the maximum threshold would rise to $2 billion in USDP. Paxos, a st...
Ransomware Revenue Down Over 40% Last Year
The total amount of cryptocurrency criminals were able to steal through ransomware attacks dropped by 40% in 2022. Ransomware attackers extorted at least $457 million in cryptocurrency from victims la...
Push for more stable revenue streams has worked
Morgan Stanley ‘s (MS) multiyear transformation plan has been a success, CEO James Gorman said with pride Thursday — and, as shareholders, we see no reason to disagree. “We’ve steadi...
Cybertruck Could Boost Revenue, Says Big Tesla Investor
Tesla CEO Elon Musk has made several promises recently, including the production of the long-awaited Cybertruck and finding a replacement for Twitter’s top executive. Investors will likely have ...
TRON Snags No. 2 Spot In TVL As Revenue Spikes Amid Bear Market Pressure
According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. ...
American Airlines hikes revenue estimates after strong Q4
American Airlines shares surged Thursday after the carrier hiked its revenue and profit estimates for the fourth quarter thanks to strong demand and high fares. American stock gained nearly 10% to $16...
Bitcoin miner Iris Energy revenue falls 27% in December
Bitcoin mining firm Iris Energy reported that its operating revenue declined 27% in December compared to the previous month to $2.1 million — reflecting the first full month of operations after termin...
Taiwan Semiconductor Manufacturing reports record net profit and revenue on chip demand
Taiwan Semiconductor Manufacturing Co. said Thursday that fourth-quarter net profit rose to a new record thanks to growing demand for high-speed computing and better margins. The world’s largest contr...
Binance Annual Revenue Grew Tenfold In The Last Two Years, But Not Without Challenges ⋆ ZyCrypto
Advertisement     Binance maintained hockey-like growth since 2021 despite the crypto market downturn, according to on-chain data provider Cryptoquant. Sharing its fin...
AAPL stock, revenue and performance
Apple Inc (NASDAQ: AAPL) is the world’s largest technology company with well over a billion users worldwide. Founded in 1976 by Steve Jobs, Ronald Wayne, and Steve Wozniak – the multinational is head...