Q2 Financial Results
Amazon, 31.1% growth on revenues. Shares are up over 43,000% since its IPO.
Amazon put up 31.1% growth number on its revenues, juicing sales to $30.4 billion in the quarter and topping analysts’ estimates by over $850 million. Earnings per share of $1.78 walloped expectations of $1.11. In fact, […]
Google Revenues Climb 20%, Shares Jump on Earnings
Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) reported a top and bottom line earnings beat. Alphabet revenues swelled to $21.5 billion, up 21% year-over-year and severely trumping the 11% YOY growth the company posted in the same quarter last […]
Apple iPhone shipments drop 15%, but iPhone SE helps beat estimates
Apple’s smaller-screen iPhone SE sold more than analysts expected in the latest quarter, helping the company beat earnings estimates even though revenues declined and profits fell by 27% from a year ago. Apple shipped 40.4 […]
Twitter beat on earnings, but missed revenue guidance
Given that the stock was down almost 50% over the past year heading into the report, investors would have likely overlooked the revenue miss and paltry year-over-year U.S. MAU growth of 1% (+4% growth for […]
Facebook beats earnings per share by $0.15
Earnings per share estimates of 82 cents were handedly beat by Facebook (NASDAQ:FB), which reported 97 cents per share in earnings for the second quarter. Revenue of $6.44 billion beat estimates by $420 million and […]
Deutsche Bank reports 98% drop in Q2 net income
Restructuring expenses and weaker performances in investment banking and trading caused Deutsche Bank’s quarterly income to drop 98% from the same period the previous year. John Cryan, chief executive officer of the German bank, said […]
