Oaknorth Rockets to Record Profits
Challenger bank Oaknorth celebrates a remarkable fiscal year marked by soaring profits and ambitious expansion plans, signaling its potential entry into the public market.
In a stellar display of financial prowess...
Warning Signs for Nio
Nio Inc., a prominent Chinese electric vehicle manufacturer, experienced a downturn in its U.S.-listed stocks on Friday after unveiling its first-quarter financial results. The company's revenue fell short of expectations prima...
Cisco beats expectations
Cisco, the networking giant, exceeded expectations in its fiscal third-quarter results, reporting a revenue of $14.6 billion, a 14% YoY growth. The company's GAAP gross margins improved to 63.4%, reinforcing confidence in ra...
Oracle's Cloud Revenue Soars by 45% But Fails to Meet Expectations - Shares Drop in Extended Trading
Oracle report and shares
Oracle Corp. has reported its fiscal third-quarter revenue, which increased by 18% to $12.4 billion, a figure that is just shy of analysts' average estimate of $12.41 billion.
The company's cloud revenue segment, which it h...
The company's shares and report
TransUnion (NYSE: TRU) today released its Q1 2022 results report. Also, the company announced that it intends to expand its unique data assets.
As for the company's shares, the stoc...
Company earnings and forecasts
Intel (INTC) reported Q3 2021 earnings per share above market analysts' forecasts, but revenue was below estimates. Intel gave forecasts for the current and 2022 fiscal years. Intel's CFO ...
Profits and deliveries
Tesla (TSLA) reported strong earnings and revenue growth on Wednesday, but gave no outlook for the full year 2021. Elon Musk did not attend the financial reporting conference. Tesla reported an important change in battery chem...
High profits and user growth
Netflix (NFLX) has promised a lot of new content, with the possibility of adding 4.4 million new subscribers in Q3 and 8.5 million subscribers in Q4. "Squid Game" is the most popular series of Netflix.
Netflix's third q...
Profit growth
Shares in Levi Strauss rose in the post-market after the clothing maker's financial results beat market expectations. Levi Strauss claimed benefits from its supply chain and promised a strong holiday quarter.
Shares in Levi ...
Profit in the second quarter
CVS Health Corp (NYSE:CVS) reported second-quarter results on Wednesday that beat analysts' estimates. The earnings figure beat forecasts.
The company reported $2.42 earnings per ...
Profit in the second quarter
US consumer products maker Colgate-Palmolive Co (NYSE:CL). net income rose 10.7% to $703 million in the second quarter of 2021 from $635 million in the same period a year earlier. Earnings per share rose 12% to $0.83 fro...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Boeing's profits
Boeing reported profits and revenue growth of 44% in the second quarter as airlines resumed orders for the company's commercial jets. Analysts suggest Boeing is starting to emerge from a deep crisis.
Shares in Boeing (BA)...
Company profits and chip shortages
Tesla expectedly beat Wall Street estimates for second-quarter earnings and revenue. However, due to battery material shortages and a shortage of chips, Tesla will not b...
Earnings and forecasts
The company reported earnings per share and second-quarter earnings above analysts' estimates, while raising its full-year sales forecast for 2021. However, Intel's current quarter earnings are down.
Intel...
Profit in the first half of the year
Microblogging service Twitter Inc. posted a net profit of $133.654 million for the first half of the year, compared with a loss of $1.386 billion a year earlier, the company said in a sta...
JPMorgan's profit
JPMorgan, the biggest US bank by asset size, posted strong earnings growth on the back of a release of reserve funds and a significant jump in investment banking revenues.
JPMorgan Chase Co. (JPM...
Disney+ subscriber growth
Disney reported quarterly earnings above market analysts' expectations, but its revenues came in below estimates. Disney's streaming business added fewer new users than Wall Street forecast, similar to Netflix's latest quar...
Bayer earnings
The net profit of German chemical and pharmaceutical concern Bayer AG jumped 40% to EUR 2.09 billion in the first quarter, compared to EUR 1.49 billion in the same period of ...
Deutsche Telekom AG net profit
Deutsche Telekom AG (DE:DTEGn), Europe's largest telecommunications company, posted net profit of €936 million in January-March 2021, compared to €916 million in the same period in 2020 (up 2.2%), the company...
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