Breaking News: Earnings
Adobe inventory climbs on a much more worthwhile quarter than predicted
Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in prolonged buying and selling on Thursday immediately after the design software package maker declared fiscal fourth-quarter earnings and advice that exceeded analysts’ expectations. Here is how the corporation did: Earnings: $3.60 per share, adjusted, vs. $3.50 for each share as anticipated by […]
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Oracle beats on top rated and bottom traces
Safra Catz, Oracle’s CEO and then just one of Oracle’s two co-CEOs, smiles through Oracle’s OpenWorld convention in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Visuals Oracle shares rose as a lot as 4% in prolonged buying and selling on Monday soon after the program enterprise documented effects for […]
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Lululemon shares tumble just after firm delivers weak fourth quarter direction
Individuals line up to enter a retailer all through Black Friday buying at Style Stores of Chicago in Rosemont of Higher Chicago Location, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua Information Agency | Getty Photos Lululemon on Thursday noted revenue and revenue that topped estimates, but the business offered softer […]
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Rent the Runway shares surge after fashion rental company reports stronger quarterly sales
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported stronger quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted to borrow designer clothes instead of […]
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GameStop reports decline in revenue and sharp decrease in cash
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar retailer has been working to expand its digital presence. In […]
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MongoDB inventory jumps 27% right after cloud databases corporation reveals surprise adjusted financial gain
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares rose 27% in extended buying and selling on Tuesday right after the database program maker shockingly swung to a revenue. Here’s how the enterprise did: Earnings: 23 cents for every share, modified, vs. a loss of 17 cents for each share as anticipated by […]
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Kroger hikes forecast after stronger grocery sales top estimates
The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Kroger on Thursday raised its forecast for the year after stronger third-quarter sales topped Wall Street expectations and inflation continued to push up the prices shoppers pay for milk, eggs and other groceries. Shares rose about 3% in premarket trading. related […]
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Best Buy sticks to holiday-quarter outlook as electronics demand holds up
A customer watches as Best Buy employees load his new television into his car during the state’s sales tax free weekend, beginning on Saturday. Erin Clark | Boston Globe | Getty Images Best Buy on Tuesday surpassed Wall Street’s expectations for quarterly earnings, as inflation-dented demand for pricey consumer electronics came in better than feared. […]
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Zoom shares fall on mild forecast as organization faces ‘heightened offer scrutiny’
Eric Yuan, CEO, Zoom Movie Communications Source: CNBC Zoom shares slumped much more than 7% in extended investing on Monday following the video-chat business issued weaker-than-anticipated revenue steerage for its full fiscal yr. This is how the enterprise did: Earnings: $1.07 per share, modified, vs. 84 cents for each share as expected by analysts, in […]
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Gap beats on third-quarter revenue, but tempers expectations for holiday season
Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap on Thursday beat Wall Street’s quarterly revenue expectations, but gave a cautious outlook for the holiday season. The apparel retailer — which includes its namesake brand, Banana Republic and Athleta — […]
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