• Despite a strong Q3 earnings report, Square's Q4 forecast disappoints investors

    6 days ago - By Tech Crunch

    Despite a strong third-quarter earnings report , Square's forecast for the final quarter of this year gave investors pause, sending its share price down 6 percent in after hours trading before it gradually climbed up again.
    Square's adjusted revenue grew 68 percent year-over-year to $431 million, beating expectations from analysts polled by Refinitiv (formerly the financial and risk arm of Thomson Reuters), who had forecast $413.9 million. It also reported 13 cents in adjusted earnings per share, better than the 11 cents analysts expected.
    Total third-quarter revenue was $882.1 million, a...
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  • Roku's shares plunge 12% despite an earnings report its CEO called 'great'

    7 days ago - By Chron

    Roku
    Roku reported third-quarter results Wednesday that topped Wall Street's expectations.
    But investors sold off its stock following the announcement; in recent trading it was off as much as 12%.
    The growth rate of the company's platform business, while still robust, slowed markedly in the quarter, and it offered a disappointing forecast for its bottom line in the fourth quarter.
    Roku's investors may not have been pleased with the company's third-quarter earnings report, but CEO Anthony Wood insists that everything's going just fine.
    The streaming media device maker's results beat Wall...
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  • Wynn Resorts shares fall 12 percent as it misses earnings estimates

    7 days ago - By CNBC

    Wynn Resorts shares declined more than 12 percent during after-hours trading as the company missed estimates in its quarterly earnings.
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