For the current quarter, Qualcomm forecast adjusted earnings of $2.15 a share on sales of $9.1 billion, based on the midpoint of its outlook ... For the current quarter, Microchip forecast adjusted earnings of $1.62 a share on sales of $2.22 billion.
Google's plans for a ChatGPT competitor are a big deal, but the company will still face struggles as earnings expectations come down for the coming quarter, according to DeepwaterAsset Management's GeneMunster. Munster pointed to the earnings call for Alphabet's most recent ...
AppleCEOTim Cook didn't mention cuts in Thursday's earnings call ... On Apple's quarterly earnings call on Thursday afternoon, CEO Tim Cook acknowledged the hurdles facing the company ... Overall, it posted earnings of $1.88 per share on $117.5 billion in revenue for the quarter, both of which were below Wall Street expectations.
Merck beat fourth-quarter expectations, thanks to more sales of its blockbuster cancer drug Keytruda, but the company's early view on 2023 underwhelmed Wall Street... In the final quarter of 2022, Keytruda sales grew 19% to $5.45 billion ... Analysts expected earnings of $1.53 per share on $13.66 billion in revenue for the quarter, according to FactSet.
BusinessSnap Grows Paid Subscriptions But Quarterly Losses Keep Up Amid "Significant Headwinds" ... Led by CEO Evan Spiegel, Snap reported its fourth-quarter earnings earlier this week and saw its shares fall as it forecast a weak first quarter, with revenue expected to be down between 2 to 10 percent.
After missing its December-quarter targets due to iPhone supply shortages, Apple (AAPL) forecast a better setup for the March quarter as production has returned to normal ... The Cupertino, Calif.-based company late Thursday said it earned $1.88 a share on sales of $117.2 billion in its fiscal first quarter ended Dec.
Amazon (AMZN) reported fourth-quarter results late Thursday that beat on revenue but missed on earnings, as its typically strong cloud computing unit failed to rescue the e-commerce giant ... AMZN stock plunged in late October after the company reported third-quarter results that beat on earnings.
A leader's standing is based on high quarterly and annual earnings and sales growth, margins, product dominance and stock performance ... The group revived in January following strong economic data and positive earnings reports from peers including STMicroelectronics (STM) and Advanced Micro Devices (AMD) ... ON reports Q4 earnings on Feb.
Feb 3 (Reuters) - Disappointing earnings from Apple Inc (AAPL.O), Alphabet Inc (GOOGL.O) and Amazon.com (AMZN.O) on Thursday renewed concerns of a slowdown in demand as consumers and businesses remain cautious about spending amid rising economic uncertainty ... Here is how the stocks have reacted after every quarterly earnings report in 2022..