Earnings

Take-Two stock tumbles after it cuts outlook

Take-Two stock dropped more than 15% in extended trading on Monday after the company reported fiscal second-quarter 2023 results. It said its outlook in the current quarter and for fiscal 2023 would be lower than previously expected. Here’s how the company did: Loss: $1.54 loss per share Revenue: $1.5 billion, vs. $1.55 billion as expected…

Earnings

Atlassian plummets more than 20% on weak earnings report and disappointing forecast

Scott Farquhar, co-founder and co-CEO of the software company Atlassian, speaks during a jobs and skills summit at Parliament House on September 1, 2022 in Canberra, Australia. The Australian government is bringing together political, business, union and community group leaders at Parliament House to address issues facing the Australian economy and workforce as inflation and…

Earnings

Paypal drops on light revenue forecast for Q4

The PayPal logo displayed on a smartphone screen with a stock market graphic in the background. Omar Marques | SOPA Images | LightRocket | Getty Images PayPal shares fell more than 5% in after-hours trading, despite beating earnings and revenue expectations for the third quarter, as the company’s Q4 revenue estimate came in behind analysts’…

Earnings

Coinbase reports better-than-expected user numbers even as third-quarter revenue plunges

In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Coinbase reported user numbers that topped analysts’ estimates even as third-quarter revenue missed estimates and the cryptocurrency exchange had a wider-than-expected loss. The stock popped in extended trading. Here’s how the company…

Earnings

Shares of Block jump on earnings beat

Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Block stock rose over 11% in extended trading after the…

Earnings

Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by sales growth at Burger King and Tim Hortons. Shares of the company were flat in premarket trading.…

Earnings

Etsy shares pop on revenue beat, rosy guidance

Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares surged as much as 10% in extended trading Wednesday after the online marketplace’s third-quarter revenue and earnings outperformed expectations. The company also posted upbeat guidance for the current period. Here’s how the company did: Earnings: 58 cents per share, adjusted, vs. 36 cents per…