Amazon crossed a key milestone over the last quarter, growing to more than 1 million employees and seasonal workers around the world for the first time. Amazon’s chief financial officer,… Read More
Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings, reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. Analysts… Read More
F5 Networks continued to benefit from its expansion into software and services, boosting revenue by 4% overall to $586 million, including 43% growth in software revenue, beating Wall Street’s expectations… Read More
Shares of Smartsheet fell more than 20% in after-hours trading Wednesday even as the company beat expectations for its quarterly earnings report. Bellevue, Wash.-based Smartsheet posted $85.5 million in revenue,… Read More
Expedia Group CEO Peter Kern said the company “suffered a major reduction in business” due to the COVID-19 outbreak during the first quarter as the global pandemic put a halt… Read More
Redfin is leaning on technology as it adapts amid the global pandemic. The Seattle real estate company posted its first quarter earnings report on Thursday with $191 million in revenue,… Read More
Rich Barton sees light at the end of the COVID-19 tunnel. The Zillow Group CEO expressed optimism for the future of real estate despite a global pandemic that has slowed… Read More
The COVID-19 crisis is not slowing down the “New T-Mobile.” T-Mobile’s blockbuster $26.5 billion merger with Sprint officially closed April 1. Mike Sievert, who just replaced John Legere as CEO… Read More
Amazon has grown to more than 935,000 employees worldwide, including 95,000 new hires in just the past few weeks, quickly rendering the number in its first-quarter earnings report out of… Read More
Amazon’s net sales rose 26% to $75.5 billion in the first quarter, exceeding Wall Street’s expectations as people around the world relied on the company’s massive e-commerce infrastructure during the… Read More
Microsoft reported $35 billion in revenue, an increase of 15% from a year ago, as increased demand for its productivity, gaming and cloud technologies overcame the COVID-19 pandemic’s impact on… Read More
Seattle-based RFID company Impinj, whose technology is heavily used by retailers to track inventory, posted a record $47.8 million in revenue for the first quarter, up nearly 45 percent, even… Read More
Smartsheet is responding to requests from global healthcare customers and rolling out free templates as it adjusts to demand caused by the COVID-19 outbreak. The Bellevue, Wash.-based collaboration work management… Read More
Shares of Impinj are on the rise after the Seattle connected chip maker behind the RAIN RFID system crushed Wall Street expectations to close out a strong bounce-back year. Revenue:… Read More
Zillow Group capped off a “tumultuously remarkable” year with a fourth quarter earnings report that exceeded estimates as the company’s “Zillow 2.0” shift continues. The Seattle tech giant posted record… Read More
Despite rapid e-commerce growth, Walmart posted subpar numbers for the busy holiday shopping season, joining a group of retailers that struggled in the shadow of Amazon and its stellar quarter.… Read More
Shares of Expedia were up more than 10 percent in after-hours trading after the travel giant reported its fourth quarter earnings, beating profit expectations. It’s the first earnings report since… Read More
Shares of Redfin were up more than 5 percent in after-hours trading after the real estate company posted its fourth quarter earnings report. Revenue grew 88 percent year-over-year to $233… Read More
T-Mobile’s revenue rose 4 percent to a record $11.9 billion in the fourth quarter, beating Wall Street’s expectations with earnings of 87 cents per share. But the big question hanging… Read More
For the first time in its 44-year history, Microsoft’s employee count surpassed 150,000 people, the latest sign of the tech giant’s continued resurgence. Microsoft listed its global headcount as 151,163… Read More
Shares of Amazon rose 12 percent in after-hours trading after the company beat expectations for holiday quarter and revealed that there are 150 million Prime members. Revenue: Amazon posted $87.4 billion… Read More
Amazon will report quarterly earnings Thursday afternoon. Analysts expect a record holiday quarter with $86.15 billion in revenue, up 19 percent, and adjusted earnings of $7.02 per share, down from… Read More
Microsoft posted revenue of $36.9 billion for the December quarter, up 14%, and surpassed Wall Street’s expectations with profits of $11.6 billion and earnings per share of $1.51. The stronger-than-expected… Read More
UPDATE: Microsoft revenue rises 14% to $36.9B, profits exceed estimates, cloud rises and games fall It’s that time of year again: Big tech earnings season. The action kicked off with… Read More
Slack CEO Stewart Butterfield is bracing for fast-growing rival Microsoft Teams to hit 100 million users as soon as a year from now, five times what it has today. But… Read More
Smartsheet beat Wall Street expectations for both revenue and profit during its fiscal third quarter, posting revenue of $71.5 million, up 53 percent year-over-year, and a non-GAAP net loss of… Read More
Target’s investments in new delivery and pickup initiatives to counter Amazon’s growing logistics operation are paying off, as they accounted for 80 percent of the company’s e-commerce’s sales growth in… Read More
Walmart’s e-commerce business grew 41 percent year-over-year in the third quarter, continuing the rapid rise of the division amid a retail battle with Amazon. Walmart doesn’t break out revenue from… Read More
Adaptive Biotechnologies‘ stock rose 6 percent to $30 per share in after-hours trading on Tuesday after the company reported higher revenues and narrower losses than expected for its third-quarter earnings.… Read More
Well, that didn’t take long. Zillow Group’s home sales division now makes up the majority of the company’s business, just 19 months after it started and nine months after the… Read More