Alibaba reports Q4 net loss of $836M, as the massive antitrust fine it received last month weighed on earnings, and revenue of $28.6B, up 64% YoY
- Alibaba swung to a net loss in the March quarter of 5.47 billion yuan. The market had expected a net profit of 6.95 billion yuan, according to Refinitiv estimates.
Square beats in Q1 with revenue of $5.06B, up 266% YoY, with $3.5B in bitcoin revenue, up 11x YoY, gross profit of $964M, up 79% YoY, with $495M from Cash App
- The company reported a profit per share of 41 cents vs. 16 cents per share expected in a Refinitiv survey of analysts.
Uber reports Q1 revenue of $3.54B, up 14% YoY, gross bookings of $15.8B, up 8%, net loss of $2.9B; rides gross bookings fell 5%, Eats bookings were up 52% YoY
but says business is starting to pick up again https://www.businessinsider.com.au/ ... Lora Kolodny / @lorakolodny : Uber reports Q1 earnings after the bell - analysts are expecting losses of 88 cents...
London Stock Exchange agrees to acquire financial data provider Refinitiv, a former arm of Thomson Reuters, in an all-stock deal valued at ~$27B
Michael J. de la Merced / New York Times :
Apple reports Q3 revenue of $53.8B, up 1% YoY, record Services revenue of $11.5B, up from $10.2B YoY, iPhone revenue of $26B, down from $29.5B YoY; stock up 4%+
One thing that Apple has always been good at is being doomed. Chris Barylick / O'Grady's PowerPage : Apple announces Q3 2019 revenue of $53.8 billion, net quarterly profit of $10 billion MacRumors : A...
Netflix reports Q1 revenue surpassed $4.52B, up 22% YoY, vs $4.50B est.; net subscriptions grew 9.6M, up 16% YoY, with 1.74M in the US and 7.86M internationally
- The company reported $4.52 billion, vs. $4.50 billion expected, per Refinitiv consensus estimate.
Apple announces Q1 2019 profit of $19.97B and revenue of $84.3B, following its revision down from $89B-$93B, and projects $55B to $59B over the next quarter
here's what every major analyst says about Apple's earnings Lucas Matney / TechCrunch : Apple's global active install base of iPhones surpassed 900 million this quarter Abdullah / Gizchina : Apple rev...