Uber CEO Dara Khosrowshahi looks on during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California. Justin Sullivan | Getty Images Uber reported fourth-quarter results Wednesday that beat analysts’ estimates on the top and bottom lines. Shares of Uber fell more than 1% in premarket trading. Here’s how the company did: Earnings per…
Siemens Energy site in Muelheim an der Ruhr, Germany, August 3, 2022. Wolfgang Rattay | Reuters Siemens Energy swung to profit in its first fiscal quarter on the back of a surge in orders and a one-off gain from selling a stake in its Indian affiliate to parent company Siemens. The German renewables firm reported…
Patrick Spence, president and CEO of Sonos, speaks during a Bloomberg Technology Television interview in San Francisco on Feb. 11, 2019. David Paul Morris | Bloomberg | Getty Images Sonos shares rose over 12% in extended trading Tuesday after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations. Here’s…
E.l.f. Beauty, the viral cosmetics brand beloved by young consumers, raised its guidance for the third time in a row on Tuesday after it posted 85% sales growth during its holiday quarter. The company saw torrid revenue growth even as it faced tough comparisons. The jump came on the heels of a 49% sales increase…
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo said on Tuesday it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping a previous forecast, after…
A sign is displayed outside a Toyota Motor Corp. dealership on January 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after its third-quarter earnings raced past analysts’ estimates thanks to a weaker yen and strong sales of high-margin…
Palantir co-founder and CEO Alex Karp arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Palantir shares surged more than 19% in after-hours trading after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue.…
Pedestrians walk past the American multinational skincare, and beauty products brand, Estée Lauder (Estee Lauder) logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Estee Lauder will cut about 3% to 5% of its global workforce, the cosmetics giant said on Monday, expanding an effort to shore up its profit margins as…
Andrea Orcel, chief executive officer of UniCredit. Bloomberg | Bloomberg | Getty Images UniCredit on Monday pledged to match in 2024 the previous year’s result despite the negative economic backdrop, as it posted a much higher than expected 2023 profit and said it would return it all to shareholders. Net income in the October-December period…
An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203. Bloomberg | Bloomberg | Getty Images Exxon Mobil reported quarterly earnings that beat Wall Street’s expectations, but the company’s profit declined significantly from same period the year prior as oil prices weakened. Exxon declared a dividend for the first quarter of…
