Finance News – Revenue
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Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava's stronger-than-expected revenue and substantial growth in existing locations highlight its resilience in a dining industry facing reduced customer visits and decreased spendi...
Read Full Article →Walmart CFO says price hikes from tariffs could start later this month, as retailer beats on earning...
Walmart's strong earnings performance contrasts with lower revenue, as the CFO indicated that costs may rise soon due to new tariff-related expenses impacting the company’s financi...
Read Full Article →CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
CoreWeave reported strong revenue gains in its initial post-IPO earnings, reflecting continued demand driven by advancements in artificial intelligence despite a moderation in grow...
Read Full Article →Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
Tencent experienced a notable increase in both income and profit during the first quarter, driven primarily by strengthened performance within its gaming division.
Read Full Article →Fintechs that raked in profits from high interest rates now face a key test
Financial technology companies that previously benefited from increased income due to rising interest rates must now navigate challenges as those rates begin to drop significantly.
Read Full Article →Coinbase shares fall after first-quarter revenue misses Wall Street estimates
The decline in Coinbase's stock value reflects investor concerns following its lower-than-expected first-quarter income, even as the company moves to expand globally through the ac...
Read Full Article →Affirm drops 8% on weaker-than-expected guidance for current quarter
Despite surpassing earnings expectations, Affirm's lower-than-anticipated revenue outlook for the upcoming quarter led to a decline in investor confidence and a subsequent drop in...
Read Full Article →Restaurant Brands earnings miss as Burger King, Popeyes and Tim Hortons post same-store sales declin...
Restaurant Brands International experienced lower-than-expected financial results in the first quarter, driven by decreased sales performance across its major fast-food chains, imp...
Read Full Article →Arm shares drop on weak forecast
Despite exceeding earnings and revenue expectations, Arm's outlook for future performance fell short of investor hopes, leading to a decline in its stock value following the quarte...
Read Full Article →Uber misses revenue expectations with trips up 18% over last year
Despite a notable increase in trip volume compared to the previous year, Uber’s revenue fell short of forecasts, while the CEO emphasized autonomous vehicle technology as a key fut...
Read Full Article →Disney reports surprise uptick in streaming subscribers, beats on top and bottom lines
Disney’s recent financial results showed increased subscriber numbers and surpassed expectations in earnings and revenue, leading the company to raise its fiscal 2025 outlook acros...
Read Full Article →AMD beats on earnings but will take $1.5 billion hit to revenue from chip restrictions to China
AMD's latest quarterly results exceeded forecasts, yet the company anticipates a substantial revenue reduction due to limitations on chip sales to the Chinese market.
Read Full Article →Palantir falls 14% as analysts raise international growth concerns
Despite increased revenue expectations driven by AI demand, Palantir’s stock declined significantly due to analysts expressing doubts about its expansion prospects in global market...
Read Full Article →Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations
Doordash completed a $1.2 billion acquisition of SevenRooms while reporting first-quarter results that fell short of analysts' revenue forecasts, reflecting mixed financial perform...
Read Full Article →Hinge Health says revenue increased 50% in first quarter — still no price range for IPO
Hinge Health reported a substantial rise in first-quarter revenue to $123.8 million, reflecting strong financial growth, although it has yet to disclose a pricing strategy for its...
Read Full Article →Amazon falls short on cloud revenue for third straight quarter
Amazon's ongoing investment in infrastructure to support artificial intelligence models may be crucial for future growth, despite the company's failure to meet cloud revenue expect...
Read Full Article →Block shares plunge 18% as company takes 'cautious stance,' issues weak guidance for year
Block's shares fell by 18% following the company's cautious outlook and disappointing first-quarter revenue, impacting investor confidence and raising concerns about its financial...
Read Full Article →Reddit reports strong sales and issues optimistic guidance
Following a strong revenue report and more favorable projections, Reddit's shares experienced an increase in after-hours trading, indicating positive investor sentiment and confide...
Read Full Article →Airbnb issues disappointing revenue guidance for second quarter
Airbnb's first-quarter results met expectations, but the company's lower-than-anticipated revenue forecast for the upcoming second quarter raises concerns about its financial perfo...
Read Full Article →Amazon’s ad business grew 19% in first quarter, topping estimates
In the first quarter, Amazon's online advertising revenue rose by 19%, surpassing projections and highlighting its growing significance within the digital advertising sector.
Read Full Article →McDonald’s reports largest U.S. same-store sales decline since 2020
McDonald’s experienced its largest decline in same-store sales in the U.S. since 2020, surpassing earnings per share expectations but not meeting revenue targets for the first quar...
Read Full Article →Microsoft shares jump 9% on earnings and revenue beat, uplifting forecast
Microsoft's strong earnings report, driven by better-than-expected growth in its Azure cloud services, led to a significant increase in the company's stock value and an enhanced fi...
Read Full Article →Qualcomm tops estimates but gives light revenue forecast
Qualcomm reported a significant increase in chip sales, achieving $9.47 billion in quarterly revenue, although its projected revenue for the upcoming period fell short of analyst e...
Read Full Article →Meta shares rise on stronger-than-expected revenue for first quarter
Shares of Meta experienced an increase of up to 5% following the company's announcement of revenue figures that exceeded analysts' expectations for the first quarter of the year.
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