All assets associated with the tag: earnings
Bandwidth's CEO said during an investor call on Thursday morning the company is positioned better than it has ever been before - but stock still slumped.
Apple missed expectations on earnings per share and on quarterly revenues for the first time in seven years, the company reported on Thursday.
Alphabet, the parent company for Google, missed expectations on earnings and revenues for the fourth quarter and full year of 2022.
Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other automaker.
IBM met expectations on earnings and exceeded revenue projections. But the firm will cut 3,900 workers, according to Bloomberg.
Wolfspeed reported quarterly earnings on Wednesday afternoon, missing revenue expectations. The company's stock price has fallen in after-hours trading.
Over the past few weeks investors have been squarely focused on inflation and Fed policy, but now market reactions are getting bigger for earnings.
Electric van manufacturer Arrival, with US headquarters in Charlotte, is facing a number of challenges, and intends to focus on bringing products to US markets.
Earnings season continues with more North Carolina public companies reporting quarterly financials. Here's a roundup:
Uber today announced financial results for the quarter ended September 30, 2022. Earnings and revenue are up more than 70% year-over-year.
Silicon carbide semiconductor manufacturer Wolfspeed, headquarter in Durham, didn’t quite meet analyst’s expectations, but its CEO remains optimistic.
The company reported quarterly net income of $17.6 billion, or $2.35 per share, which still slightly beat Wall Street expectations despite undershooting last year's results.
Google may be the giant, but even it is not immune to the impact that the economic downturn and recession fears are having on the online ad market.
Durham semiconductor firm Wolfspeed reported quarterly and annual earnings on Wednesday, as the firm prepares for further growth.
SEATTLE — The uncertainty and challenges in the global economy have hit Microsoft, which on Tuesday reported quarterly earnings that fell short of Wall Street’s and its own expectations.
Karen Weise, New York Times
The tech giant said it had $51.9 billion in sales in the quarter ended June 30, up 12% from a year earlier. Profit rose 2% to $16.7 billion.
Revenue at Alphabet during the April-June period totaled $69.7 billion, a 13% increase from the same time last year. That would be impressive growth for most companies outside of tech.
Chewy.com, which operates a distribution and fulfillment center in Salisbury, N.C., saw its stock price leap up 25% on Thursday.
Lenovo, which operates an RTP facility, reported earnings earlier today, in what the company called a 'record year.' But its growth rate has slowed.
The three most expensive months for healthcare insurance provider Blue Cross NC occurred in 2021. Despite rising costs, the organization said it is stable.
Wilmington's nCino completed a $1.2 billion deal to acquire SimpleNexus earlier this month. But the company's stock price has fallen nearly 25%.
Publicly-traded companies are in the process of reporting quarterly earnings. Here's a list of NC companies that have issued earnings statements.
Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected.
The Greensboro-headquartered semiconductor company Qorvo will buy back as much as $2 billion of its own stock in a move approved by the company's board of directors, following outperforming estimates for its fourth-quarter.
The Finnish telecommunications networks provider Nokia on Thursday reported a smaller than expected drop in profit in the fourth-quarter while it acknowledged it was facing some challenges in the race for 5G networks, particularly in the North American market.