Tag: internet

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Ubiquiti Reports $136.8 Million Profit in Q2

Ubiquiti Inc. reported $136.8 million in profit for its fiscal second quarter, with earnings per share of $2.26. Adjusted for stock option expense, earnings were $2.28 per share. The company posted revenue of $599.9 million during the period.

Amazon Stock Stumbles on Mixed Guidance, Massive Capex Promise

Amazon shares fell after mixed Q1 results and guidance despite a strong quarter, primarily due to currency fluctuations and a $104 billion capex guide. Analysts remain bullish due to AWS growth potential and the company's solid performance, including 19% AWS sales growth and its highest quarterly operating income ever.

AptarGroup Q4 Earnings Beat Estimates, Revenue Misses

AptarGroup reports Q4 earnings of $100.9 million, beating estimates. Revenue of $848.1 million fell slightly short of expectations. For the current quarter ending in March, AptarGroup expects per-share earnings to range from $1.11 to $1.19.

Equifax Tops Q4 Earnings, Misses on Revenue

Equifax Q4 2023 Earnings: EPS beats, revenue misses on lower demand for credit reports and scores

Hedge Funds Exit Dollar Trades, Turn to Yen as BOJ Rate Hike Bets Grow

Yen Surges as Hedge Funds Exit Dollar Trades; BOJ Rate Hike Bets Rise

Wall Street Stays Bullish Amidst Noise: Strong Earnings, Economic Data Offset Trade War Concerns

Despite recent market volatility driven by trade war concerns, the stock market exhibits resilience, with analysts citing strong earnings growth, healthy economic data, and optimism about the future outlook.

Disney to Report Q1 Earnings: Streaming Momentum and Theatrical Hits in Focus

Disney set to report earnings with streaming growth and theatrical hits, despite park headwinds. Analysts expect revenue of $24.57 billion and EPS of $1.42. Disney+ subscriber loss of 1.41 million anticipated, but streaming profitability remains a focus.

Unum Group Reports Q4 Earnings Miss, Revenue Shortfall

Unum Group misses Q4 earnings, revenue expectations

Axalta Coating Systems beats estimates, sees higher earnings

Axalta Coating Systems (AXTA) beats earnings and revenue expectations for Q4, with earnings per share of 60 cents and revenue of $1.31 billion. For the year, the company reports profit of $391 million or $1.78 per share, with revenue of $5.28 billion. Axalta forecasts earnings of 54 cents per share for the current quarter and $2.50 to $2.60 per share for the full year, with revenue between $5.35 billion and $5.4 billion.

Nokia, AT&T Sign Multi-Year Deal for Network Upgrade, Automation

Nokia and AT&T sign multi-year deal for 5G network upgrade and cloud-based applications.