Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming console which hit a record for the financial year. Here’s…
Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022. Cloudflare Inc. is expected to release earnings figures on Feb. 10. David Paul Morris | Bloomberg | Getty Images Cloudflare shares plunged as much as 25% in after-hours trading Thursday after the internet services and security company reported first-quarter results…
Snap shares dropped as much as 20% after hours on Thursday as the company reported first-quarter results that missed analysts’ expectations on revenue. Here’s how the company did: Earnings per share: 1 cent, adjusted, vs. a loss of 1 cent expected, according to a Refinitiv survey of analysts Revenue: $989 million vs. $1.01 billion expected,…
Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images Amazon is scheduled to report first-quarter earnings after market close…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Facebook parent Meta is scheduled to report first-quarter earnings after the close of regular trading Wednesday. Here’s what analysts are expecting: Earnings: $2.03 per share, according…
Standard Chartered on Wednesday said first-quarter pretax profit jumped 21%, beating analyst estimates, as rising interest rates buoyed cash management income and retail product sales of the emerging markets-focused lender. StanChart, which earns most of its revenue in Asia, said statutory pretax profit for January-March reached $1.81 billion. That compared with $1.49 billion a year…
South Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4 trillion won ($2.54 billion) for the first quarter of the year. According to Reuters, this is its largest loss since the SK Group acquired Hynix in 2012. This is a reversal from the 2.84 trillion won operating profit in the same…
WASHINGTON, DC – DECEMBER 11: Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. The committee held a hearing on ‘Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices.” (Photo by Alex Wong/Getty Images) Alex Wong |…
Satya Nadella, chairman and chief executive officer of Microsoft Corp., speaks during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Microsoft will report fiscal third-quarter earnings after the close of regular trading Tuesday. Here are the key numbers to watch: Earnings: $2.23 per share,…
Cheerios, Nescafe, Nesquik, KitKat, Milkybar and Purina products, manufactured by Nestle SA, arranged in London, U.K., on Monday, July 26, 2021. Bloomberg | Bloomberg | Getty Images Consumer goods firm Nestle raised prices by 9.8% in the first quarter, attributing this to “significant cost inflation.” The Switzerland-based company on Tuesday reported sales revenue up 5.6%…
