Shopify stock soars 25% as Q3 earnings double
Shopify stock soared 25% higher on Tuesday, making it one of the biggest movers.
Spotify Stock Pops as Subscribers Jump
Spotify added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday.
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.
Shopify Shares Soar As Sales Beat Expectations
Shopify, which powers around 25 per cent of online commerce in Australia with customers including JB Hi-Fi, LSKD, and July, has posted sales that beat analyst expectations for the third quarter. Third-quarter sales rose 26 per cent, with gross merchandise volume up 24 per cent from a year ago. Shares traded 23 per cent higher... Read More
Spotify forecasts profit above estimates on cost cuts, steady user growth
:Audio-streaming giant Spotify forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost cuts and strong subscriber growth in the crucial holiday season.Its shares that have more than doubled in value this year rose 7 per cent in extended trading.The Swedish company has lai
Nevro (NYSE:NVRO) Issues Quarterly Earnings Results
Nevro (NYSE:NVRO – Get Free Report) posted its quarterly earnings results on Monday. The medical equipment provider reported ($0.41) earnings per share for the quarter, beating the consensus estimate of ($0.81) by $0.40, Briefing.com reports. Nevro had a negative return on equity of 24.89% and a negative net margin of 18.17%. The business had revenue […]
Spotify Tops Q3 Forecasts, Reaches 252 Million Premium Subscribers as Revenue Climbs 19%
Spotify cranked up the volume with another strong quarter, packing on 6 million paying subscribers globally in Q3 2024.
Why Shopee Parent Sea's Stock Is Soaring Tuesday
Shopee parent Sea Limited reported strong sales from its e-commerce and financial services units, sending its U.S.-listed shares higher Tuesday.
Shopify stock skyrockets 21% on revenue beat, rosy holiday forecast
Shopify beat analysts' revenue expectations for the third quarter, with executives saying the company attracted a growing number of large customers.
Novavax Stock is Slipping After the Vaccine Maker Cut its Outlook Again
Novavax shares dropped Tuesday morning after the company slashed its full-year outlook when it announced its third-quarter results.
Shopify Stock Soars To Nearly Three-Year High on Strong Q3 Results
Shopify beat analysts' third-quarter estimates for operating income, revenue, and free cash flow as sales surged.
Tencent Music Enjoys Streaming Growth as Social Side Continues Slide
China's leading digital music group Tencent Music enjoyed a quarter in which streaming growth outweighed a depressed social entertainment side.
Wheaton Precious Metals (NYSE:WPM) Announces Quarterly Earnings Results
Wheaton Precious Metals (NYSE:WPM – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34, Zacks reports. The firm had revenue of $308.25 million during the quarter, compared to the consensus estimate of $324.57 million. Wheaton Precious Metals […]
Lamar Advertising (NASDAQ:LAMR) Releases Earnings Results
Lamar Advertising (NASDAQ:LAMR – Get Free Report) posted its earnings results on Friday. The real estate investment trust reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.73), Zacks reports. The company had revenue of $564.10 million for the quarter, compared to the consensus estimate of $568.91 million. Lamar […]
Wheaton Precious Metals (NYSE:WPM) Issues Quarterly Earnings Results
Wheaton Precious Metals (NYSE:WPM – Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.34 EPS for the quarter, meeting the consensus estimate of $0.34, Zacks reports. The company had revenue of $308.25 million for the quarter, compared to analyst estimates of $324.57 million. Wheaton Precious Metals had a net margin […]
AMD Gains Nearly 6% Market Share in Desktop CPUs in Q3 of This Year
AMD has managed to overtake Intel in revenue in the data center market, exceeding $3.5 billion. But AMD’s momentum doesn’t stop there — the company continues to make strides in other areas…
Apyx Medical (NASDAQ:APYX) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS
Apyx Medical (NASDAQ:APYX – Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.01, Zacks reports. The firm had revenue of $11.49 million during the quarter, compared to analysts’ expectations of $11.66 million. Apyx Medical had a negative return […]
Lamar Advertising (NASDAQ:LAMR) Issues Earnings Results
Lamar Advertising (NASDAQ:LAMR – Get Free Report) issued its quarterly earnings data on Friday. The real estate investment trust reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.73), Zacks reports. Lamar Advertising had a return on equity of 42.18% and a net margin of 23.34%. The company had revenue of […]
Shopify Surges On Strong Sales Growth Outlook
(Bloomberg) — Shopify Inc. soared after saying it will sustain rapid sales growth into the holiday shopping season, suggesting the Canadian e-commerce company’s strategy to lure larger businesses is paying off.
last updated on 18 Dec 03:20