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Match shares plunge after disappointing revenue forecast

Match Group Inc. shares plummeted after the online dating behemoth gave quarterly forecasts that missed Wall Street estimates, due to mounting legal costs and economic factors that are denting sales... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Tinder-owner Match forecast hit by rising competition, shares down

Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading......»»

Category: topSource: reutersNov 5th, 2019

Match forecasts fourth-quarter revenue below estimates, shares fall

Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading......»»

Category: topSource: reutersNov 5th, 2019

Pinterest quarterly revenue, forecast disappoint; shares plunge

Pinterest Inc fell short of Wall Street estimates for quarterly revenue on lower-than-expected average revenue per user and its revised full-year sales forecast came marginally below expectations, sending its shares tumbling 20%......»»

Category: topSource: reutersOct 31st, 2019

Earnings Results: Micron stock falls as forecast disappoints, earnings continue to plunge

Micron Technology Inc. shares fall in the extended session Thursday after the memory-chip maker forecasts a disappointing outlook......»»

Category: topSource: marketwatchSep 26th, 2019

Fitbit cuts 2019 revenue view, Versa Lite sales lag; shares tank

Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch Versa Lite, sending its shares tumbling as much as 16% to a record low......»»

Category: topSource: reutersJul 31st, 2019

Pinterest shares plummet on disappointing 2019 revenue forecast

Pinterest Inc on Thursday gave an unimpressive full-year 2019 revenue forecast after first-quarter sales beat estimates in its first quarter as a publicly traded company, sending shares down 16% in extended trading......»»

Category: topSource: reutersMay 16th, 2019

Bombardier shares plunge after full-year forecast cut

Shares of Bombardier Inc fell as much as 25.3 percent on Thursday after the Canadian plane-and-train maker cut its full-year profit and revenue forecast, wiping out more than C$1.5 billion off its market value......»»

Category: topSource: reutersApr 25th, 2019

Oracle sales top estimate as push to the cloud gains momentum

Oracle Corp.’s shares fell after the company gave a disappointing fourth-quarter revenue and profit forecast, another setback in the software maker’s push to become a significant player in cloud computing......»»

Category: topSource: moneycentralMar 14th, 2019

Netflix shares plunge with missed subscriber forecast

Netflix Inc. shares fell more than 14 percent in after-hours trading upon the release of the streaming giant’s second-quarter earnings report. Earnings, margins and revenue were all in line with the Los Gatos-based company’s internal forecast.....»»

Category: topSource: bizjournalsJul 16th, 2018

Shake Shack keeps full-year revenue forecast unchanged, shares fall

Shake Shack Inc on Thursday reaffirmed its full-year revenue forecast, disappointing Wall Street which was expecting the company to raise its guidance on the back of rising popularity of its pricey burgers and milkshakes......»»

Category: topSource: reutersAug 2nd, 2018

Shake Shack revenue forecast falls short of estimates, shares fall

Shake Shack Inc on Thursday reaffirmed its full-year revenue forecast, disappointing Wall Street which was expecting the company to raise its guidance on the back of rising popularity of its pricey burgers and milkshakes......»»

Category: topSource: reutersAug 2nd, 2018

Amazon projects holiday season sales below Wall St. targets

Amazon.com Inc forecast disappointing holiday season sales on Thursday, projecting its fourth-quarter revenue growth would be the slowest in years, sending shares of the online retailer down 6 percent in after-hours trade......»»

Category: topSource: reutersOct 25th, 2018

Delta Spurs Plunge Among Airlines as It Cuts Revenue Forecast

Delta Air Lines Inc. plunged the most in more than three years, pulling rivals lower, after disappointing ticket pricing prompted the carrier to cut its revenue forecasts......»»

Category: topSource: moneycentralJan 3rd, 2019

Twitter shares sink after disappointing revenue forecast

Twitter Inc forecast first-quarter revenue that was below analyst estimates on Thursday and said the number of users fell in the fourth quarter, sending its shares down 6 percent in premarket trading......»»

Category: topSource: reutersFeb 7th, 2019

Mattel shares plunge as 2019 forecast disappoints

Mattel Inc on Friday issued a disappointing 2019 forecast, barely a week after posting a surprise quarterly profit, triggering an 18 percent drop in its shares......»»

Category: topSource: reutersFeb 15th, 2019

Earnings Outlook: Cisco earnings: Fears of a tech-spending slowdown face one of their biggest tests

A disappointing forecast in August, hinting at weakness in China and corporate tech-spending, pushed Cisco Systems Inc. shares down. The question when Cisco reports its performance against that forecast this week is whether the trend will continue......»»

Category: topSource: marketwatch8 hr. 13 min. ago

Qualcomm"s upbeat profit forecast, results send shares higher

Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5% in extended trading......»»

Category: topSource: reutersNov 6th, 2019

NYT warns of "challenging" quarter as ad revenue set to weaken, shares fall

The New York Times Co on Wednesday forecast a "fairly challenging" fourth quarter due to a drop in advertising revenue, which the publisher said may fall further due to changes in its ad platform, sending its shares down 9%......»»

Category: topSource: reutersNov 6th, 2019

Large Option Trader Betting Waste Management Slide Continues

Shares of Waste Management, Inc. (NYSE: WM) are down 3.1% in the past week after the company reported disappointing third-quarter revenue in late October. 0 read more.....»»

Category: blogSource: benzingaNov 5th, 2019

Peloton slumps despite revenue beat and optimistic forecast

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Category: topSource: moneycentralNov 5th, 2019