DoorDash reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. But the company's shares fell 12% in after-hours trading Wednesday as investors appeared concerned about rising costs. DoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. The loss, of 6 cents per share, was higher than the 3-cent loss Wall Street had...
Following the lead of Eli Lilly, Pfizer will establish a direct-to-consumer service, selling some of its medicines online and avoiding industry middlemen. | Following the lead of Eli Lilly, Pfizer will establish a direct-to-consumer service, selling some of its medicines online and avoiding industry middlemen. The company plans to sell products such as its COVID treatment Paxlovid and a migraine nasal spray in this way, it told the Financial Times.
GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.
With 81 minutes gone Bruno Fernandes collected a Kobbie Mainoo pass and
Carriage Servs (NYSE:CSV) just reported results for the first quarter of 2024.Carriage Servs reported earnings per share of 75 cents. This was above the analyst estimate for EPS of 59 cents.The company reported revenue of $103.49 million.This was 4.76% better than the analyst estimate for revenue of $98.79 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including...
Colony Bankcorp (NASDAQ:CBAN) just reported results for the first quarter of 2024.Colony Bankcorp reported earnings per share of 33 cents. This was above the analyst estimate for EPS of 31 cents.The company reported revenue of $28.14 million.This was 1.96% better than the analyst estimate for revenue of $27.60 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including...
Sheffield United have been officially relegated to the Championship after their latest heavy defeat of a season to forget this afternoon. The Blades have long been doomed for the drop but could have staved it off for the time being with victory at Newcastle United, a prospect that looked to have more potential when Anel Ahmedhodzic put them ahead early on. But the hosts replied in the first half through Alexander Isak although the Blades will wonder how they went in at the break after missing a...
Netflix topped earnings expectations Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content line-up paid off amid a crackdown on password sharing.The leading streaming television service said it gained 9.3 million subscribers in the recently ended quarter, raising the total to 269.6 million.Netflix reported a profit of $2.3 billion on revenue of nearly $9.4 billion in the quarter, compared to a net income of $1.3 billion on $8.2 billion in revenue in the...
Netflix topped earnings expectations Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content line-up paid off amid a crackdown on password sharing.
Netflix topped expectations Thursday as it reported 9.3 million new subscribers and profits of $2.3 billion in the first three months of the year. Silicon Valley-based Netflix had bet heavily on its content lineup to win fans, with subscribers now totaling 269.6 million. "With more than two people per household
Pinterest (PINS) reported first quarter results that topped Street estimates on both the top and bottom lines. The company reported adjusted earnings of $0.20 per share versus a $0.14 estimate. Revenue of $740.0 million was better than the $700.3 million estimate. Pinterest reported having 518 million monthly active users compared to an estimated 503.75 million. Average revenue per user of $1.46 topped estimates of $1.39. Yahoo Finance's Julie Hyman and Josh Lipton break down the social media...
HSBC Holdings plc announced on Tuesday its revenues increased by 0.3% from the same period a year ago to $20.8 billion in the first fiscal quarter of 2024.The bank's profit before tax decreased by $0.