Walmart CEO: We Had To Become More Digital

Doug McMillon, CEO of Walmart, discusses how the company has changed to become more digital over the last couple of quarters in response to the pandemic.

Microsoft Will Miss Windows Quarterly Guidance Due to Coronavirus

Microsoft has issued a statement warning investors it will miss its quarterly guidance for its Windows business as a result of the coronavirus.

Twitter Crosses $1 Billion a Quarter Threshold

Reuters is reporting that, for the the first time ever, Twitter has brought in $1 billion in revenue in a single quarter. The company has had a difficult few years as it grappled with the balance between free speech and…

Verizon Reports Strong Third Quarter, Beating Analysts’ Estimates

Verizon Communications, Inc. reported a strong Q3 2019 driven by solid gains in wireless customers. The telecommunications provider reported the “most third-quarter phone gross additions in five years.” In particular, Verizon saw significant growth in postpaid phone subscribers, the most…

Alphabet (Google) Earnings Not As Good As Expected

Google parent Alphabet just announced its financial results for the first quarter with revenue up 17% year-over-year at $20.35 billion. Non-GAAP earnings per share were lower than expected at $7.50 (versus $7.96), and the stock is on the way down…

Netflix Earnings Out, 81 Million Members Reported

Netflix just reported its earnings for Q1, and announced that it has surpassed 81 million members. That’s up from 75 million on January 1, just after the prior quarter closed. Revenue for the quarter was $1.96 billion. Earnings per share…

Etsy Gives Shareholders Something They Like

Investors weren’t thrilled with Etsy’s Q3 report when the company posted a net loss of $6.9 million ( 6 cents per share) and revenue of $65.7 million. On Tuesday, the company posted its Q4 and full-year 2015 financials with a…

Groupon’s ‘Stronger Than Expected’ Earnings Out

Groupon just reported its financials for Q4 with what the company calls “stronger than expected” results, including a record Black Friday and Cyber Monday period. Revenue grew to $917.2 million from $883.2 million in the same quarter in 2014 (up…

Twitter Earnings Out, User Growth Stalled

Twitter just released its financials for the fourth quarter, meeting Wall Street expectations on revenue and beating on earnings per share ($710 million and 16 cents respectively). However, the company failed to make an impact on its biggest area of…

Yelp Earnings Out, CFO Steps Down

Yelp just released its financials for Q4 and full year 2015 with revenue of 153.7 million (up 40% year-over-year) for the quarter. Cumulative reviews grew 34% to approximately 95 million. Local advertising accounts grew 32% to approximately 111,000. CEO Jeremy…