Seattle Genetics on Thursday reported higher-than-expected losses for the fourth quarter, sending shares down 8 percent in after-hours trading. Quarterly revenues came in at $175 million, above Wall Street expectations… Read More
Expedia closed out 2018 by besting Wall Street expectations for revenue while sharply increasing profits and the amount people are spending on the platform. Revenue: Expedia reported $2.56 billion in… Read More
T-Mobile says 2018 was a record financial year, setting the stage for some lofty goals in 2019, chief among them completing a blockbuster merger with Sprint and getting ready to… Read More
Tableau Software posted a strong fourth quarter to close out the year as its move to subscription-based products has jumpstarted a years-long turnaround for the data visualization company. However, despite… Read More
Amazon’s self-proclaimed record-breaking holiday season also came with record costs for shipping billions of items to customers’ doors. The e-commerce giant spent $9 billion on shipping in the fourth quarter,… Read More
Revenue from Amazon Web Services’ market-leading cloud business crossed $7 billion for the first time during the last quarter of the year, and that business continues to grow at a… Read More
Amazon’s “record-breaking” holiday season powered the tech giant to a strong quarter, breaking a streak of two consecutive revenue misses. Revenue: Amazon posted $72.4 billion in revenue, a rise of… Read More
Another day, another case of the most-valuable U.S. company reporting its latest financial results. Amazon again claimed the title this morning, following an underwhelming quarterly showing from previous No. 1… Read More
Nintendo posted a strong holiday quarter financially but slashed its forecast for full-year Switch console sales. The gaming giant reported operating profit of $1.45 billion for its fiscal third… Read More
Facebook delivered stronger-than-expected profits in the most recent quarter, boosting the stock more than 8 percent in after-hours trading. Revenues topped analysts’ forecasts at $16.9 billion and earnings per share came… Read More
Microsoft’s hardware team had a huge holiday season and its cloud division continues to grow rapidly, but the company’s stock is dropping after reporting a mixed bag of financial results… Read More
Microsoft is again the most-valuable U.S. company — holding a slight lead over Amazon, at least for now — and the company is set to report its most recent quarterly financials Wednesday afternoon,… Read More
Apple reported all-time record profits for its fiscal first quarter, which included the holiday season, following a month of speculation after CEO Tim Cook warned investors that revenues would slow.… Read More
Intel expects revenue growth to slow to a crawl in the upcoming year, and coming off a fourth quarter in which revenue fell below expectations, investors are jittery. During Intel’s… Read More
Though Netflix is the name commonly associated with streaming video, it’s a huge market with countless players and new ones joining all the time. Netflix itself acknowledged the competitive landscape… Read More
DocuSign beat Wall Street expectations for its third quarter and raised its guidance to finish the year, sending its stock up slightly in after-hours trading. DocuSign turned a small net… Read More
Smartsheet beat analyst estimates with its third quarter earnings report, posting $46.9 million in Q3 revenue and a GAAP net loss per share of $0.15. Wall Street expected a loss… Read More
Add this to the list of things Amazon CEO Jeff Bezos has to be thankful for this Thanksgiving: $1 trillion in revenue over 25 years. According to an analysis by… Read More
Redfin beat Wall Street expectations for revenue and profits in the third quarter, but its stock is falling in after-hours trading. The tech-powered real estate brokerage reported net profits of… Read More
Avalara cruised past Wall Street expectations in its second quarterly update since going public in June. The Seattle sales tax automation company posted a net loss of $9 million —… Read More
Zillow Group for the first time revealed revenue from its new home-buying and selling business as part of its third quarter earnings report. The Seattle-based company just missed analyst expectations… Read More
T-Mobile added 1.6 million customers in the last three months, marking the 22nd straight quarter with more than 1 million net additions. T-Mobile delivered what it called its “best financials… Read More
Impinj, the Seattle maker of high-tech tags for connecting billions of items to the internet, is back on a growth trajectory in one key metric, seeing an annual revenue increase… Read More
Companies that move their IT operations to the cloud often find themselves confused by the pricing options they can encounter, and Apptio is cashing in on their need for help.… Read More
The number of Amazonians continues to rise, and the tech giant has hit a milestone of more than 600,000 employees around the world for the first time. Amazon now employs… Read More
It sure does look like Amazon Web Services is going to turn into a nice business for Amazon. RELATED: Amazon posts record profits again even as revenue of $56.6B falls… Read More
Amazon came in shy of Wall Street’s revenue expectations, but for the second quarter in a row posted record profits. For the third quarter Amazon reported net profits of $2.9… Read More
And the band played on. Just over a week after Microsoft co-founder Paul Allen died at the age of 65, the music that he loved to make served as hold music… Read More
F5 Networks started out the calendar year by warning investors that revenue growth would be fairly slow as it continues to pivot from a hardware company to a software company,… Read More
Following a record year, Microsoft started its 2019 fiscal year off strong, cruising past Wall Street expectations. The tech giant brought in $8.8 billion in net profits — or $1.14… Read More