This week on the GeekWire Podcast … We dissect Amazon’s earnings, offering our take on Andy Jassy’s take on the company’s latest predicament. We assess a major Microsoft milestone, as… Read More
Amazon’s profits plunged to $3.2 billion in the third quarter, dropping by nearly half year-over-year, and CEO Andy Jassy told shareholders to brace for more of the same in the… Read More
Is the cost of hiring workers and bolstering its fulfillment network taking a toll on Amazon’s bottom line? Wall Street analysts are betting that the answer is yes. On average,… Read More
If ever there was a quarter to illustrate that Microsoft’s growth doesn’t depend on Windows PC sales anymore, this is shaping up to be it. Worldwide PC shipments grew just… Read More
Seattle-based home services technology company Porch Group boosted its second quarter revenue by 200% to $51.3 million, exceeding analysts’ expectations. Its quarterly net loss widened to $16.3 million, vs. a… Read More
Seattle-based real estate company Zillow Group reported $1.3 billion in revenue Thursday for the second quarter, slightly beating analyst’s expectations. Expected revenue was $1.28 billion, with earnings per share of… Read More
The Switch has hit a significant overall milestone, reaching 89.04 million units shipped worldwide, even as Nintendo’s overall sales have finally hit a post-quarantine slump. Nintendo, with U.S. headquarters in… Read More
T-Mobile beat analyst expectations at the end of its second quarter, reporting $20 billion in revenue, up 13% year-over-year, and $0.78 in earnings per share. Analysts expected revenue of $19.3… Read More
Amazon posted net sales of $113.1 billion for the second quarter, up 27%, but fell short of Wall Street expectations, sending its stock down 5% in after-hours trading. The result… Read More
Microsoft posted quarterly profits of $16.5 billion Tuesday afternoon, up 47%, surpassing even the most optimistic Wall Street expectations. The results close out Microsoft’s 2021 fiscal year with fresh evidence… Read More
F5 Networks earnings: The Seattle-based company reported $652 million in revenue, up 12% year-over-year, for its fiscal third quarter ended June 30. Non-GAAP earnings per share came in at $2.76, up from… Read More
Microsoft beats earnings estimates: The Redmond, Wash., tech giant reported $41.7 billion in revenue for the March quarter, up 19% year-over-year — its biggest revenue growth since 2018 — and… Read More
Smartsheet beat expectations for its fiscal fourth quarter earnings, reporting revenue of $109.9 million, up 40% year-over-year, and non-GAAP earnings per share of -$0.04. Analysts expected revenue of $102 million… Read More
T-Mobile beat expectations for its fourth quarter earnings report, posting revenue of $20.3 billion and earnings per share of $0.60. Analysts expected revenue of $19.9 billion and EPS of $0.51.… Read More
Amazon crushed expectations for its holiday quarter, beating estimates with an all-time high of $125.6 billion in sales. The fourth quarter earnings report also included news that CEO Jeff Bezos… Read More
Microsoft’s revenue climbed 17% to more than $43 billion for the December quarter, and profits rose 33% to $15.5 billion, eclipsing Wall Street’s expectations amid growing demand for the company’s… Read More
Smartsheet stock spiked more than 12% in after-hours trading as the company saw revenue grow 38% year-over-year to $98.9 million for its fiscal third quarter with a non-GAAP net loss… Read More
Avalara beat analyst expectations for its third fiscal quarter and said it acquired the assets of Business Licenses. The Seattle tax automation company reported $127.9 million in revenue, up 30%… Read More
Redfin beat analyst expectations for its fiscal third quarter, reporting revenue of $236.9 million and earnings per share of $0.32. Revenue was down 1% year-over-year due to a pandemic-driven shortfall… Read More
T-Mobile added a net total of more than 2 million customers in the third quarter, giving it more than 100 million customers for the first time. The Bellevue, Wash.-based wireless… Read More
The U.S. housing boom is helping boost business at Zillow Group, which beat Wall Street expectations for its third fiscal quarter. The Seattle real estate giant reported $656.6 million in… Read More
You know things have been rough for a company when quarterly revenue plummets 58% from the prior year, taking the business from a $409 million profit to a loss of… Read More
Amazon sailed past expectations for its third fiscal quarter as the company continues to meet rising demand for its products and services amid the global pandemic. The company posted record… Read More
Amazon will report its fiscal third quarter earnings Thursday afternoon. The pandemic and stay-at-home orders helped Amazon eclipse expectations for revenue and profit in the second quarter as millions rely… Read More
Microsoft topped Wall Street estimates for its fiscal first quarter, reporting $37.2 billion in revenue, up 12% year-over-year, and profit of $1.82 per share ($13.9 billion), up 47%. Analysts were… Read More
Microsoft will report its fiscal first quarter earnings Tuesday afternoon. Analysts are keeping a close eye on the company’s cloud division, particularly as the COVID-19 pandemic and related stay-at-home orders… Read More
Seattle-based F5 Networks saw shares rise more than 5% in after-hours trading Monday after its fiscal fourth quarter earnings report beat expectations. The company posted revenue of $615 million, up… Read More
Health benefits technology company Accolade saw revenue rise 24% in the most recent quarter as telehealth usage surges amid the COVID-19 pandemic. The company, which went public in July, reported… Read More
Avalara beat analyst expectations for its second quarter earnings report, posting $116.5 million in revenue, up 28% year-over-year, and a non-GAAP earnings per share of $0.04. June was the company’s… Read More
Big Tech spent back-to-back days in the national spotlight this week between a long-anticipated Congressional hearing and second-quarter earnings reports. The juxtaposed events paint a revealing picture of the risks… Read More