Electric car manufacturer Tesla's stock jumped in after-hours trading today after the company announced the first quarterly profit in the its 10-year history and record sales of over half a billion dollars in the first quarter of 2013.
With revenue falling short of targets, CEO Jeff Weiner assured investors that full year revenues will climb, on a conference call today. Is the stock a victim of its own success?
Hon Hai Precision Industry, better known as Foxconn, reported an almost 20 percent drop in earnings in the past quarter. The problem, apparently, is lower than expected iPhone sales.
Apple's first quarter is always its biggest quarter, since it starts before the Christmas shopping season.
Although it made only a few hundred cars in the third quarter, Tesla says its production facilities have reached a turning point and are now able to produce 20,000 or more cars per year.
Online retail giant Amazon reported mixed results for its second quarter 2012 earnings today.
The company hit its own revenue goal for Q2, increasing 29 percent to $12.83 billion, compared with $9.91 billion in second quarter 2011. Wall Street, however, …
Continuing its trend of stemming the bleeding, AOL reported an increase in overall revenue in the first quarter 2012 to $529 million at 22 cents a share, which bests analysts estimates of $527 million at 7 cents per share.
Profits …
Yelp made $27.4 million in revenue during the first of 2012, a 66 percent jump from last year, the company reported in its first quarterly earnings call Wednesday.
Exactly two months ago Wednesday, the business-reviews site debuted on the public …
This Samsung kid really can sing. South Korean technology giant Samsung reported a record 5.05 trillion won ($4.45 billion) quarterly net profit for the first quarter, the company announced today.
If you’ve been paying attention, the record profit may not …
Apple had another humongous quarter in Q2 buoyed by the sale of the new iPad, with results that once again beat high Wall Street expectations. Apple earned a record profit of $11.6 billion on revenue of $39.2 billion and sold …
Video streaming service Netflix hit its estimate of domestic streaming subscribers, with 23.4 million for the first quarter of 2012 — an increase of 1.7 million subscribers compared to the previous quarter, the company said in its latest quarterly earnings …
Microsoft reported record quarterly revenue for its fiscal third quarter, generating $17.41 billion in revenue and $5.11 billion in net income, it announced today.
Quarterly revenue of $17.41 billion was a 6 percent increase from the year-ago period. Operating income …
Satellite television provider Dish Network has Blockbuster to thank for ending a nearly two-year drought of new subscribers, according to the company’s fourth quarter earnings report.
Dish beat analysts’ estimates by adding 22,000 new subscribers and boosting earnings to $313 …
Hewlett-Packard reported a decline in revenue for the first fiscal quarter of 2012, which analysts expected as the company struggles to turn itself around.
HP’s revenue was $30 billion for the quarter, down from $32.3 billion during the same period …
AOL reported a 10 percent increase advertising revenue in the fourth quarter to $363.8 million, compared to $331.6 million during the same period last year. However, the company’s overall revenue slipped by three percent, or $576.8 million, compared to $596 …
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Apple investors jumped for joy at the company’s first quarter earnings report today, with results that beat high Wall Street expectations. The company earned a record net profit of $13.06 billion on revenue of $46.33 billion and sold a record …
Adobe Systems has reported stronger-than-expected revenues for the fourth quarter, after several events in the past few months suggested a weakened position.
Adobe has had a tough fourth quarter, with its decision to kill Flash software on mobile platforms and …
Streaming music service Pandora‘s third quarter earnings met Wall Street’s expectations but still suffered a drop to its stock price in after-hours trading.
The company made a total of $75 million in revenue for the quarter (beating the $71.4 million …
Video game company Take-Two Interactive reported a better than expected loss for the second quarter of the 2012 fiscal year, which the company attributed to strong sales from its catalog of titles as well as more online distribution.
Take-Two’s net …
Business social network LinkedIn posted mixed third quarter results this afternoon, with a $1.6 million loss for the quarter, but it’s still managing to beat Wall Street expectations with strong revenues.
LinkedIn went public in May and had to reveal …
