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earnings call

Shopify’s shares hit a 6-month low after quarterly growth slows

by Anas Siddiqui
Shopify’s shares hit a 6-month low after quarterly growth slows

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 …

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Tesla’s Q1 Earnings Call Is Tonight, Tune In Here For Live Updates

by Horatio Thompson
Tesla’s Q1 Earnings Call Is Tonight, Tune In Here For Live Updates

Tesla’s first-quarter earnings call for 2024 is tonight, and it’s shaping up to be a rough one. The stock is nosediving, and investors desperately want Elon Musk to right the …

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Typo in earnings report sends Lyft stock soaring by 67%

by Edgar Davis
Typo in earnings report sends Lyft stock soaring by 67%

A typo in Lyft’s earnings report overstated a key profit metric by a factor of 10 — sparking a 67% spike in its stock late Tuesday before management corrected the …

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Lyft Says Extra Zero in Earnings Report Was a Typo, Crushes Investors’ Spirits

by Horatio Thompson
Lyft Says Extra Zero in Earnings Report Was a Typo, Crushes Investors’ Spirits

It’s a truth universally acknowledged that typos can be embarrassing and frustrating. They can also, as ride-sharing company Lyft found out on Tuesday, make everyone forget that you actually had …

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Lyft Says Extra Zero in Earnings Report Was a Typo, Crushes Investors’ Spirits

by Ron Morgan
Lyft Says Extra Zero in Earnings Report Was a Typo, Crushes Investors’ Spirits

It’s a truth universally acknowledged that typos can be embarrassing and frustrating. They can also, as ride-sharing company Lyft found out on Tuesday, make everyone forget that you actually had …

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Netflix reports the money is rolling in — and so are advertisements for Canadian subscribers

by Anas Siddiqui
Netflix reports the money is rolling in — and so are advertisements for Canadian subscribers

Netflix told investors it has added millions of new customers and has lots of room to grow its revenue — with part of that growth coming from the planned elimination of the …

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Logitech Sales Surge as Working From Home Boosts Demand

by Maya Ortiz
Logitech Sales Surge as Working From Home Boosts Demand

Logitech has reported a 13.6 percent rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis. Logitech said …

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Nokia Posts Surprise Second-Quarter Profit Jump as Pekka Lundmark Is Poised to Take Over as CEO

by Maya Ortiz
Nokia Posts Surprise Second-Quarter Profit Jump as Pekka Lundmark Is Poised to Take Over as CEO

Finnish telecom network equipment maker Nokia reported an unexpected rise in its second-quarter underlying profit on Friday despite the COVID-19 crisis, while its new Chief Executive Officer Pekka Lundmark takes …

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