Tag Archives: revenue

Facebook app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo July 27 (Reuters) – Wall Street expects Alphabet Inc (GOOGL.O) and Facebook Inc (FB.O) to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of Apple Inc’s (AAPL.O) privacy changes has not yet been felt. Together, Google and Facebook generated about $70 billion in revenue last quarter through… Source link

Apple’s iPhone 12 is expected to continue to dominate in Q3. (Image: Apple) Apple (AAPL) is set to report its Q3 2021 earnings after the closing bell on Tuesday, and analysts predict strong iPhone sales performance. But a predicted slowdown in future quarters for App Store revenue, thanks to vaccine-related reopenings and tough comparisons to 2020, could send guidance for the coming quarters lower. Here’s what Wall Street is expecting from Apple, as compiled by Bloomberg, versus how it… Source link

(Bloomberg) — Snap Inc. reported gains in revenue and users that exceeded analysts’ estimates, as the company’s investments in content and creative tools lured young people and the advertisers trying to reach them. Shares gained. Second quarter sales more than doubled to $982.1 million, the company said Thursday. That dwarfed the $846.9 million average analysts’ estimate. Snapchat, the mobile app for sending disappearing messages and watching video content, had 293 million daily active… Source link

Google is revising how much of a cut it takes from Stadia games in a bid to try to attract more developers. Starting on October 1st, Google will take 15 percent of sales up to $3 million through the end of 2023. With the change, Google seems to be trying to make its cloud gaming platform a more enticing option for developers — a proposition that has likely become much harder since the company shut down its own in-house studios…. Source link

The surge of Americans traveling on COVID-19 delayed getaways is driving up revenue at Delta Vacations.  “If you look at what we see just as recently as June, our booking revenue is up 20%, relative to 2019,” CEO Dwight James told Yahoo Finance Live. Delta Vacations is a privately owned subsidiary of Delta Air Lines (DAL), which reports second quarter earnings Wednesday. Delta Vacations does not report revenue or earnings, but its parent company Delta groups it with other subsidiaries in its… Source link

Security-system provider ADT Inc. is betting on its partnership with Google’s smart-home business to increase revenue as it struggles to turn a profit three years after going public. The company, best known for its home alarm systems, last summer announced the deal with Google, whose Nest business makes thermostats and smoke detectors that customers can monitor from their phones. Under the agreement, Alphabet Inc.’s Google… Source link

FedEx (FDX) is poised to report fiscal fourth-quarter earnings after market close on Thursday, with the shipping company’s results likely to get a boost from persistent strength in e-commerce and a pick-up in business and international shipping. Here are the main metrics expected from FedEx’s report, compared to consensus estimates compiled by Bloomberg: The Memphis, Tennessee-based company is expected to see sales grow by 24% over last year, or at the fastest rate since at least 2010, based… Source link

Zoom (ZM) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, beating analysts’ expectations on the top and bottom line with revenue soaring 191% year-over-year. The video conferencing company saw stratospheric growth during the pandemic, and investors are closely watching its performance in the coming quarters as the pandemic wanes and people begin meeting more in person. Here are the most important numbers from the report compared with what analysts were expecting as… Source link

Nvidia CEO Jensen Huang speaks during a press conference. (Photo credit should read MANDEL NGAN/AFP via Getty Images) Graphics card maker Nvidia (NVDA) reported its fiscal Q1 2022 earnings after the closing bell on Wednesday, beating analysts’ expectations for the quarter. Here’s how the company performed versus what Wall Street was expecting based on Bloomberg’ consensus data. Revenue: $5.66 billion versus $5.41 billion expected Earnings per share: $3.66 versus $3.31 expected Gaming: $2.76… Source link

DoorDash (DASH) posted a first-quarter earnings report on Thursday that largely surpassed Wall Street’s expectations, with the company demonstrating that the boost it got from COVID-19 demand has staying power beyond the pandemic. The company reported revenue that skyrocketed 198 percent compared to a year-ago, to $1.08 billion, and total orders soaring 219 percent year-over-year, to $329 million. The results sent its stock on a tear after hours, which was up over 10%. Here’s what the San… Source link