Roku Inc. shares rose in after-hours trading Thursday after the streaming company reported better-than-expected revenue and delivered an upbeat forecast about the year ahead. The company posted revenue of $275.7 million for the December quarter, up from $188.3 million a year earlier and ahead of the $262.1 million FactSet consensus expectation. The company saw strong […]
Tag: revenue
HP Enterprise Is Still Finding it Hard to Grow Revenue – Tech Check
HP Enterprise Is Still Finding it Hard to Grow Revenue With the help of a low valuation, HP Enterprise (HPE) was up about 2% in late trading Thursday after the company posted mixed January quarter results (revenue slightly missed, but EPS beat), issued in-line April quarter EPS guidance and raised its fiscal 2019 (ends in […]
Chinese streaming giant iQiyi stock falls after revenue beat
IQiyi IQ, +0.71% shares fell less than 1% in the extended session Thursday after the company beat Wall Street revenue expectations and posted smaller losses than predicted. The […]
Roku stock gains after revenue, outlook exceed expectations
Roku Inc. ROKU, -4.03% shares were up 1.5% in after-hours trading Thursday after the company posted better-than-expected top-line results for its fourth quarter and delivered a full-year outlook […]
Wendy’s profit beats but revenue falls short in latest quarter
Wendy’s Co. shares WEN, -1.23% fell slightly in premarket trade Thursday, after the fast-food restaurant operator posted fourth-quarter revenue that fell short of estimates. Wendy’s said it had […]
Orange revenue up on growth in France, Spain
Orange (ORA.FR) said Thursday that it met its 2018 guidance on the back of strong revenue growth in core markets including France and Spain. Revenue in 2018 rose to 1.3% to 41.38 billion euros ($46.95 billion), the French telecommunications company said. Revenue in the fourth quarter rose 1.4% to EUR10.8 billion Net profit in 2018 […]
La-Z-Boy Climbs on Earnings and Revenue Beat
La-Z-Boy Inc. (LZB) shares were climbing Wednesday, following the retailer’s fiscal third-quarter earnings beat. The company reported that profit rose about 137% from the prior year to $28.7 million. The Monroe, Mich.-based company said sales rose about 13% to $468 million from $414 million a year ago. Earnings were 61 cents, and 63 cents a […]
Bausch Health Swings to Loss but Revenue Tops Analysts’ Expectations
Shares of Bausch Health Cos. (BHC) were rising in premarket trading Wednesday after the medical device maker reported fourth-quarter results and issued positive fiscal 2019 revenue guidance. The Canadian company, formerly known as Valeant, swung to a net loss of $344 million after reporting net income of $513 million a year ago due to what is […]
HeidelbergCement revenue up, sees higher demand
HeidelbergCement AG (HEI.XE) said Tuesday that fourth-quarter revenue rose fueled by higher sales of cement, aggregates, and ready-mixed concrete, and that it expects global cement demand to rise in the year ahead. Fourth-quarter revenue at the cement maker rose to 4.7 billion euros ($5.3 billion) from EUR4.3 billion a year earlier, the company said. HeidelbergCement […]
Cannabis stocks climb after Canopy posts revenue jump and Aphria uncovers conflicts
Cannabis stocks were mostly higher Friday, as investors digested earnings from Canopy Growth Corp. and the news that Aphria Inc.’s probe of acquisitions in Latin America found certain board members had conflicts. The biggest weed company by market value, Canopy […]