Meta shares rose as much as 5% Wednesday after the company reported stronger-than-expected revenue in the first quarter and provided second-quarter guidance that was in line with Wall Street's expectations.Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $6.43 vs. $5.28 expectedRevenue: $42.31...
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company's headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel OrbegozoManuel Orbegozo | ReutersMeta is continuing to sink billions of dollars a quarter into the metaverse.In its first-quarter earnings report on...
Kurt Sievers, chief executive officer of NXP Semiconductors NV, during the Federation of German Industries (BDI) conference in Berlin, Germany, on Monday, June 19, 2023. Liesa Johannssen-Koppitz | Bloomberg | Getty ImagesNXP Semiconductor Inc. fell about 7% on Monday after the chip company announced that CEO Kurt Sievers would...
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024.Frederic J. Brown | Afp | Getty ImagesReddit shares fell more than 15% on Wednesday after the company...
Sopa Images | Lightrocket | Getty ImagesPinterest shares surged as much as 20% after the social media company reported fourth-quarter earnings Thursday that beat on revenue.Here's how the company did, compared to analysts' consensus estimates from LSEG:Revenue: $1.15 billion vs. $1.14 billion expectedFourth-quarter EBITDA: $470.9 million adjusted vs. $444.8...
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles.Andrej Sokolow | Picture Alliance | Getty ImagesSnap shares jumped rallied in extended trading on Tuesday after the company reported better-than-expected fourth-quarter results.Here is how the company did compared with Wall Street's expectations.Earnings per share: 16 cents...
Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019.Justin Sullivan | Getty Images News | Getty ImagesOracle shares slid in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short of...
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024.Halil Sagirkaya | Anadolu | Getty ImagesSalesforce shares were up 9% on Tuesday after the company's fiscal third-quarter earnings report showed revenue and fiscal fourth-quarter guidance that exceeded analysts' expectations.Here's how...
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.Brendan McDermid | ReutersPinterest shares plunged as much as 15% on Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite beating on the top and bottom...
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024.Andrej Sokolow | Picture Alliance | Getty ImagesSnap reported better-than-expected third-quarter results on Tuesday but issued light fourth-quarter guidance. The stock jumped more than 10% in extended trading.Here is...