Breaking News: Earnings
Amazon’s 18% cloud revenue growth impresses even as margin narrows
Amazon Web Providers CEO Adam Selipsky speaks at the CERAWeek by S&P World-wide meeting in Houston on March 7, 2023. F. Carter Smith | Bloomberg | Getty Photos Amazon stated Thursday that its cloud device grew earnings by about 16% in the initial quarter, a marginally extra swift pace than analysts experienced projected. Earnings from […]
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American Airlines ekes out a first-quarter profit as carrier ramps up flying
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines posted a $10 million profit in the first quarter as it ramped up flying and a jump in revenue outpaced higher costs. American’s revenue rose 37% […]
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Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations with its first quarter earnings report Thursday, despite the cable and media giant’s residential broadband business’s slowing growth and mounting Peacock losses. Shares of the company rose more than 2% in premarket trading. The stock is up more than 4% so far this year through Wednesday’s close. Here’s how Comcast performed, […]
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Southwest posts wider-than-anticipated decline as toll of vacation crisis stretches into 2023
A chook flies by in the foreground as a Southwest Airlines jet will come in for a landing at McCarran Global Airport on May possibly 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Pictures Southwest Airlines shed $159 million in the first quarter as the financial impression of its holiday break meltdown stretched […]
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Merck revenue falls after dramatic drop in sales of Covid antiviral treatment
Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021. NurPhoto | NurPhoto | Getty Images Merck on Thursday reported first-quarter revenue that fell 9% from the same period a year ago largely due to a steep drop in sales […]
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Boeing plans to boost 737 Max production to 38 planes per month despite manufacturing snag
A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images) Justin Tallis | AFP | Getty Images Boeing said Wednesday it will increase output of 737 Max planes to 38 a month later this year, up […]
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Chipotle Mexican Grill earnings beat estimates as revenue climbs 17%
Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by better than expected same-store sales growth. Shares of the company rose more than […]
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Microsoft earnings are out – right here are the quantities
Satya Nadella, chairman and chief government officer of Microsoft Corp., speaks for the duration of the digital Meta Connect celebration in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Pictures Microsoft shares rose 5% in prolonged trading on Tuesday right after the computer software maker issued fiscal third-quarter results that exceeded […]
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