Earnings

Despite ongoing public relations crises, Facebook kept growing in Q3 2019, demonstrating that media backlash does not necessarily equate to poor business performance. Facebook reached 2.45 billion monthly users, up 1.65 percent from 2.41 billion in Q2 2019 when it grew 1.6 percent, and it now has 1.62 billion daily active users, up 2 percent […]

Facebook shares rise on strong Q3, users up 2% to ...

This entry was posted in Advertising Tech Apps Earnings Finance Mobile Social TC and tagged facebook on October 30, 2019 by Josh Constine

Twitter today reported its earnings for the quarter that ended September 30, and the numbers delivered a big surprise, falling on both sales and earnings per share. Revenues came in at $824 million, and EPS at $0.05. That represents sales up 9% year-over-year but far below what analysts had been expecting: (non-GAAP, diluted) EPS of 20 […]

Twitter Q3 misses big on revenues of $824M and EPS ...

This entry was posted in Earnings Social TC and tagged twitter on October 24, 2019 by Ingrid Lunden

The Snap-back continues. Snapchat blew past earnings expectations for a big beat in Q3, as it added 7 million daily active users this quarter to hit 210 million, up 13% year-over-year. Snap also beat on revenue, notching $446 million, which is up a whopping 50% year-over-year, at a loss of $0.04 EPS. That flew past […]

Snapchat beats in Q3, adding 7M users & revenue up ...

This entry was posted in Advertising Tech Apps Earnings eCommerce Finance Media Mobile Social TC and tagged snapchat on October 22, 2019 by Josh Constine

Verizon reported its second quarter earnings this morning, and while revenue fall short of analyst predictions, the company had strong profits and subscriber growth. Verizon reported consolidated revenue of $32.1 billion in Q2, down 0.4% year-over-year and lower than analyst estimates of $32.4 billion. However, it also reported adjusted earnings per share of $1.23, compared […]

Verizon reports a big boost in wireless subscribers

This entry was posted in Earnings Mobile Verizon on August 1, 2019 by Anthony Ha

Let’s start with the good news. LG actually had a pretty good quarter (on the strength of appliance sales). The LG Home Appliance & Air Solution division made $5.23 billion for Q2. Anyone who’s been following the company for the past several years can guess where the bad news comes. Smartphone sales dipped 21.3% year […]

LG’s smartphone sales dropped another 21%

This entry was posted in 5g Earnings hardware LG Mobile smartphones on July 30, 2019 by Brian Heater

The media has largely bought into Huawei’s ‘strong’ half-year results today, but there’s a major catch in the report: the company’s quarter-by-quarter smartphone growth was zero. The telecom equipment and smartphone giant announced on Tuesday that its revenue grew 22.3% to reach 401.3 billion yuan ($58.31 million) in the first half of 2019 despite all […]

What Huawei didn’t say in its ‘robust’ half-year results

This entry was posted in 5g Android Asia China Earnings huawei Mobile mobile phones operating system smartphone smartphones on July 30, 2019 by Rita Liao

Hours after receiving a record $5 billion FTC fine on privacy violations, Facebook delivered a Q2 earnings beat with revenue of $16.9 billion with $1.99 adjusted EPS compared to the Zacks Consensus Estimate of $1.90 EPS on revenue of $16.45 billion. Facebook reported it has 1.59 billion DAUs and 2.1 billion daily active users of […]

Following record FTC fine, Facebook stock pops on Q2 earnings ...

This entry was posted in Earnings FTC Social TC and tagged facebook on July 24, 2019 by Lucas Matney