Earnings

Facebook posted its second quarter earnings Wednesday, beating expectations with $29 billion in revenue. The world’s biggest social media company was expected to report $27.8 billion in revenue for the quarter, a 50 percent increase from the same period in 2020. Facebook reported earnings per share of $3.61, which also bested expectations. The company’s revenue […]

Facebook warns of ‘headwinds’ to its ad business from regulators ...

This entry was posted in Earnings Messenger operating systems Social software TC WhatsApp and tagged facebook instagram social media on by
If you’ve started using Snapchat more regularly this year, you’re not alone. At yesterday’s Q2 earnings call, Snap CEO Evan Spiegel announced that the platform grew both revenue and daily active users at the highest rates it has achieved in the last four years. Snapchat now has 293 million daily active users, growing 23% since […]

Snap had its best quarter in four years

This entry was posted in Apps augmented reality e-commerce Earnings Instant Messaging Social software and tagged facebook instagram snapchat on by
“5G is a once-in-a-decade kind of opportunity,” Tim Cook told the media during the Q&A portion of Apple’s Q3 earnings call. “And we could not be more excited to hit the market exactly when we did.” The truth of the matter is its timing was a mixed bag. Apple was, by some accounts, late to […]

Q3 earnings find Apple and Google looking to the future ...

This entry was posted in 5g Alphabet Amazon Earnings hardware Mobile PIXEL and tagged apple google iphone on by
Twitter continued to see its total traffic rise in the third quarter, thanks to that trifecta of returning sports, the presidential campaign and the COVID-19 pandemic. But there wasn’t nearly enough growth to appease Wall Street.  Twitter beat out analyst expectations on revenue and net income; However, Wall Street was stuck on Twitter’s user user […]

Twitter revenue rises 14%, but user growth fails to impress

This entry was posted in Earnings Social and tagged twitter on by
Facebook reported its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. The company earned $2.71 in per-share profit during the three-month period. Analysts had expected Facebook, the social giant, to earn a much-smaller $1.91 per-share off smaller revenues of $19.82 billion. The company also reported an average of 1.82 […]

Ad revenues and e-commerce boom boost Facebook earnings but US ...

This entry was posted in Earnings Social TC and tagged facebook on by
Twitter’s stock slid as much as 4% in after-hours trading as the company tried to swat down hackers that had taken over the accounts of multiple high-profile users. Accounts belonging to Barack Obama, Elon Musk, Jeff Bezos, Kanye West, Joe Biden, Warren Buffet, Apple and many others had their accounts compromised Wednesday afternoon, all posting […]

Twitter stock slides after-hours amid scramble to contain high-profile account ...

This entry was posted in Earnings Social TC and tagged twitter on by
Twitter’s stock slid as much as 4% in after-hours trading as the company tried to swat down hackers that had taken over the accounts of multiple high-profile users. Accounts belonging to Barack Obama, Elon Musk, Jeff Bezos, Kanye West, Joe Biden, Warren Buffet, Apple and many others had their accounts compromised Wednesday afternoon, all posting […]

Twitter stock slides after-hours amid scramble to contain high-profile account ...

This entry was posted in Earnings Social TC and tagged twitter on by