Vodafone announced plans to cut 11,000 jobs as part of a turnaround plan from the company’s newly-appointed CEO Margherita Della Valle. Paul Hanna | Bloomberg | Getty Images Vodafone shares fell as much as 4% on Tuesday, after the British telecommunications firm announced plans to slash a record number of jobs and forecast a drop…
Unity Software CEO John Riccitiello speaks onstage during TechCrunch Disrupt SF 2018 in San Francisco, Sept. 5, 2018. Steve Jennings | TechCrunch | Getty Images Shares of Unity Software popped more than 11% in extended trading Wednesday after the company released first-quarter earnings that beat analysts’ expectations for revenue and raised its full-year revenue forecast.…
Jeff Lawson, CEO of Twilio. Scott Mlyn | CNBC Twilio shares fell as much as 14% in extended trading Tuesday after the developer of communications software issued a forecast for the second quarter that trailed analysts’ estimates. Here’s how the company did: Earnings: 47 cents per share, adjusted, versus 21 cents per share as expected…
Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. Here are the key numbers from Rivian’s first-quarter earnings report, together with consensus Wall…
Brian Chesky, CEO of Airbnb speaking on CNBC’s Squawkbox on May 4th, 2023. CNBC Shares of Airbnb fell as much as 10% in extended trading Tuesday despite first-quarter earnings that beat analyst estimates on top and bottom line, as it offered slightly weaker-than-expected guidance and a cautious outlook for Q2. Here’s how the company did: EPS: 18 cents…
DUBAI, United Arab Emirates — Saudi state oil giant Aramco on Tuesday reported a 19% drop in its first-quarter earnings, recording net income of $31.9 billion down from $39.5 billion the previous year amid falling oil prices. Analysts expected to see a dip in net profit this quarter compared to the previous year, as inflation…
Nintendo is hoping key games such as Mario and Zelda will help it keep players interested in its ageing Switch console series. Charly Triballeau | AFP | Getty Images Nintendo reported a fall in profit and revenue in its fiscal year driven by a drop in sales of its flagship Switch console. For its full…
Alex Karp, CEO of Palantir Technologies, speaks at Davos Congress Centre, the venue of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 18, 2023. Arnd Wiegmann | Reuters Shares of Palantir rose as much as 28% in extended trading Monday after the company released first-quarter earnings that beat analysts’ estimates…
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Adidas said on Friday its first-quarter numbers came in better than expected, although sales dipped 1% from a year-ago period, as investors hope for the German sportswear giant to turn its fortunes…
A Lyft decal is seen on a car in the pick-up area at JFK Airport on April 28, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images Lyft shares dropped nearly 15% in extended trading on Thursday after the ride-hailing company issued a weaker-than-expected forecast for the second quarter.…
