Tag Archives: growth

Shopify stock plummets 19% as it forecasts slower growth in 2022

Shopify’s stock fell as much as 19 per cent following the release of fourth quarter results on Wednesday. Shopify’s stock plummeted as much as 19 per cent on Wednesday as the company forecast slower growth in 2022 due in part to inflation concerns. The e-commerce company says it expects revenue growth in 2022 to be lower than the 57 per cent growth it achieved in 2021, a year that saw Shopify’s stock hit a high of $1,762.92 last November as it held the position of most valuable company in… Source link

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Russia’s Yandex eyes US$6.5 billion revenue in 2022, sharp e-commerce growth

MOSCOW: Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around US$6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47 per cent of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed its other businesses to… Source link

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Yandex Shares Pop Post Q4 Results; Clocks 54% Revenue Growth

Yandex NV YNDX reported fourth-quarter FY21 revenue growth of 54% year-on-year to $1.485 billion. Yandex is one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia. Revenues from Online advertising grew 26% Y/Y to RUB 48.4 billion, Taxi segment, excluding sales of goods, rose 86% Y/Y to RUB 32.9 billion, sales of goods increased 74% Y/Y to RUB 17.7 billion, and Other revenues grew 111% Y/Y to RUB 11.3 billion. The total cost of… Source link

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Russia’s Yandex eyes $6.5 bln revenue in 2022, sharp e-commerce growth

MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed its other… Source link

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UPDATE 2-Russia’s Yandex eyes $6.5 bln revenue in 2022, sharp e-commerce growth

(Adds quotes from call, analyst comment) By Alexander Marrow and Gleb Stolyarov MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but… Source link

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Streaming growth, theme park attendance in spotlight for stock-watchers

Disney (DIS) unveiled first quarter 2022 results that beat expectations after the bell on Wednesday. Shares jumped as much as 9% after the report. New membership additions for the company’s two-year-old Disney+ streaming service surpassed analysts’ expectations. The metric was in focus as a return to in-person activities had some concerned over future growth for the direct-to-consumer video service, which benefitted from the height of stay-at-home orders during the COVID-19 pandemic. Turnout… Source link

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Yahoo Closes FY 2021 with 141% Growth in CTV YoY

NEW YORK–(BUSINESS WIRE)–Yahoo, the global media and tech company, today announced new partnerships with connected TV (CTV) leaders, following a successful year that closed with 141% growth in CTV ad revenue year-over-year. The momentum indicates the company’s strategic leadership and reach in the CTV environment as its popularity continues to accelerate. TV viewership has skyrocketed over the last year with CTV at the forefront. In the U.S. alone, nearly 214 million people… Source link

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Google parent Alphabet to report Q4 earnings Tuesday, as investors look for cloud growth

Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the closing bell on Tuesday. The search giant will likely face fewer headwinds in the online advertising space than social media platforms like Facebook (FB) and Snapchat (SNAP), which have been slammed by changes to Apple’s (AAPL) iOS privacy settings. Here’s what Wall Street is expecting of the company in the quarter, as compiled by Bloomberg, compared to its performance in the same quarter last year. Revenue ex-TAC… Source link

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USD 189.70 Billion Potential Growth in Cyber Security market

NEW YORK, Jan. 29, 2022 /PRNewswire/ — The latest market outlook report titled “Cyber Security Market by Deployment, End-user and Geography – Forecast and Analysis 2021-2025” has been added to Technavio’s catalog. This recent market analysis report identifies the market to witness a potential growth difference of USD 189.70 billion from 2020 to 2025. The cyber security market is anticipated to record an accelerating growth momentum at a CAGR of 14.97% during this period. Attractive… Source link

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