Breaking News: Earnings
Atlassian sinks irrespective of greater-than-expected results and in-line forecast
Michael Cannon-Brookes, co-CEO of Atlassian. Scott Mlyn | CNBC Atlassian shares plummeted 9% in extended buying and selling Thursday regardless of far better-than-envisioned earnings and earnings from the software program maker and a forecast that achieved Wall Street’s expectations. Here’s how the business did, in contrast to the consensus amongst analysts surveyed by LSEG, formerly […]
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Ticketmaster parent Live Nation posts blowout earnings as Taylor Swift, Beyonce dominate
(L) Taylor Swift performs onstage during “Taylor Swift | The Eras Tour ” at Paycor Stadium on June 30, 2023 in Cincinnati, Ohio. (R) Beyoncé performs onstage during the “RENAISSANCE WORLD TOUR” at the Johan Cruyff Arena on June 17, 2023, in Amsterdam, Netherlands. Getty Images Ticketmaster parent company Live Nation Entertainment delivered its strong […]
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Fox touts sports programming performance even as costs rise
A Fox Sports television camera during a game between the Utah Utes and the USC Trojans on October 21, 2023, at Los Angeles Memorial Coliseum in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Fox Sports drove higher consumption overall for Fox Corp. last quarter, CEO Lachlan Murdoch said Thursday during the […]
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Peloton reports wider-than-expected loss, ‘bad news’ on paid subscriptions
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images Peloton on Thursday reported a wider-than-expected quarterly loss, a tepid holiday forecast and “bad news” for paid subscriptions. The connected fitness […]
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Nikola’s loss widens following a costly recall of its battery-electric semi trucks
Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola said Thursday that it has received nearly 300 orders for its new hydrogen fuel cell semitruck – but it’s facing what will be a costly recall of its earlier battery-electric trucks. Nikola recalled all of its Tre battery-electric trucks, 209 in total, in August following a […]
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Ferrari once again raises advice as customers opt for significant-priced, personalized sporting activities autos
Ferrari Primary Manufacturing facility Entrance Courtesy: Ferrari Ferrari on Thursday explained that its third-quarter gain jumped 46% from a 12 months in the past as its rich buyers ongoing to choose high-priced “personalization” options for their new automobiles. As it did past quarter, Ferrari again boosted its steering for the complete 12 months following the […]
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Moderna stock falls 10% as hefty Covid vaccine write-downs drive big loss
Moderna on Thursday posted a steep loss for the third quarter as the drugmaker recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product. Moderna’s total revenue for the period topped Wall Street’s expectations, even amid plummeting demand for its shot. Its outlook for next year, however, came in […]
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Eli Lilly results top estimates on Mounjaro strength but slashes full-year profit outlook
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Thursday reported third-quarter revenue and adjusted earnings that topped estimates on strong demand for its diabetes drug Mounjaro, but slashed its full-year profit guidance due to charges primarily related to its recent acquisitions. Here’s […]
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Starbucks beats on the top and bottom line as customers buy up pricier drinks
A Starbucks logo at a location in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Images Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ expectations. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: […]
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Roku stock soars on third-quarter revenue beat, solid outlook
A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company’s initial public offering at the Nasdaq Market in New York on Sept. 28, 2017. Brendan McDermid | Reuters Shares of Roku soared in after-hours trading on Wednesday after the company reported better-than-expected revenue for the third quarter. […]
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