Dell Q1: revenue down 20% YoY to $20.92B, vs. $20.12B est., Client Solutions revenue down 23% YoY to $11.98B, vs. $11.41B est., net income down 46% YoY to $578M
Jeremy C. Owens / MarketWatch :
Salesforce reports Q1 revenue up 11% YoY to $8.25B, vs. $8.18B est., capital expenditures up 36% YoY to $243M, vs. $205M est., and raises Q2 guidance above est.
and it says its controversial ‘performance culture’ is to thank Mike Wheatley / SiliconANGLE : Salesforce delivers to expectations but contract delays and rising capital costs weigh on stock Kevin McL...
Micron reports Q2 revenue down 53% YoY to $3.69B, vs. $3.71B est., and a $2.31B record net loss after a $1.43B write-down, as executives hint at a market bottom
Jeremy C. Owens / MarketWatch :
Sources: Netflix may launch its ad-supported tier in 2022 in 6+ markets, and plans to charge $7 to $9 per month in the US, selling ~4 minutes of ads per hour
and it's bad news Muhammad Zuhair / Appuals.com : Netflix's Ad-Supported Tier is Set to Cost Between $7 to $9 Alap Naik Desai / Neowin : Netflix ad-supported subscription could cost around $8/month wi...
Etsy reports Q1 revenue up 5.2% YoY to $579M, vs $576M est., and offers Q2 revenue guidance of $540M to $590M, below $627M est.; stock drops 10%+
Jeremy C. Owens / MarketWatch :
Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M
if SNAP can catch a bid on those numbers in spite of its current sales/EPS multiples (faster user/revenue growth, but still), that suggests OK numbers from FB would be received quite well. Casey Neist...
Asana reports Q4 revenue of $111.9M, up 64% YoY, GAAP net loss of $90M, up from $61.5M in Q4 2021, and 119K paying customers; stock down 15%+ after hours
Jeremy C. Owens / MarketWatch :
Asana beats in Q1 with revenue of $76.7M, up 61% YoY, vs est. of $70.1M, has 100K+ paying customers, and forecasts Q2 revenue of $81M-$83M vs est. of $74.1M
Jeremy C. Owens / MarketWatch : Tweets: @bgurley Tweets: Bill Gurley / @bgurley : Wow. Great job @moskov & team @asana! https://twitter.com/...
DocuSign closes up 37% on its first day of trading after raising $629M in its IPO
now its CEO and CFO explain what's next MarketWatch : DocuSign Inc. — DocuSign, Inc. provides cloud-based electronic signature solutions. Wall Street Journal : DocuSign Shows Strong Demand, Closes U...
Data-center operator Switch prices IPO above range at $17, raises $531M+ at a valuation of about $4.2B
Jeremy C. Owens / MarketWatch :