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Yelp Shares Plummet as Company Cuts Revenue Forecast

Shares tumbled more than 28% in post-market trading Thursday after Yelp cut its revenue forecast on slower-than-expected growth in the number of merchants advertising on its platform......»»

Category: smallbizSource: wsjNov 9th, 2018

Apple shares drop after iPhone supplier Lumentum cuts forecast

Apple Inc shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology, Lumentum Holdings Inc , slashed revenue and profit forecasts, citing reduced orders from a major customer......»»

Category: topSource: reutersNov 12th, 2018

Yelp Shares Lost Over A Quarter Of Their Value: Look For More Pain Ahead

Yelp Inc (NYSE: YELP) got clobbered, trading 26.6% lower on Friday after posting mixed earnings and lowering its 2018 revenue guidance. The online review company reported earnings per share of $0.....»»

Category: earningsSource: benzingaNov 9th, 2018

Gannett adjusted 3Q earnings beat expectations but company cuts full-year revenue forecast

Gannett cuts full-year outlook as digital revenue slows and print ad.....»»

Category: topSource: usatodayNov 8th, 2018

Match Group shares plummet 18% after weak revenue guidance

Match Group shares plunged on Wednesday after the company gave fourth-quarter revenue guidance that missed estimates......»»

Category: topSource: moneycentralNov 7th, 2018

GreenSky stock plunges after revenue, outlook miss expectations

Shares of fintech company GreenSky Inc. are down 38% in Tuesday morning trading after the company missed September-quarter revenue expectations and delivered a downbeat forecast for the December period. GreenSky.....»»

Category: topSource: marketwatchNov 6th, 2018

Alibaba cuts sales forecast on economic uncertainty, trade fears

China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U.S.-China trade spat, which the company expects will dent revenue ahead of its top sale season......»»

Category: topSource: reutersNov 2nd, 2018

Pfizer cuts revenue forecast as supply snags, dollar strength weigh

Pfizer Inc cut the top end of its yearly sales forecast, blaming a stronger dollar and lower revenue from its sterile-injections business, sending shares of the largest U.S. drugmaker down 3 percent on Tuesday......»»

Category: topSource: reutersOct 30th, 2018

NewsWatch: Record profit can’t save Amazon from stock downturn

Amazon.com Inc. continues to report record profit totals, but sales growth is leveling off, and shares took a hit in late trading Thursday after the company revealed a conservative revenue forecast for the holiday season......»»

Category: topSource: marketwatchOct 25th, 2018

Record profit can’t save Amazon from stock downturn

Amazon.com Inc. continues to report record profit totals, but sales growth is leveling off, and shares took a hit in late trading Thursday after the company revealed a conservative revenue forecast for the holiday season......»»

Category: topSource: marketwatchOct 25th, 2018

AMD revenue forecast disappoints as crypto demand subsides, shares plummet

Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent......»»

Category: topSource: reutersOct 24th, 2018

Finisar may have benefited from Applied Opto"s stumbles, says Piper Jaffray

Shares of Applied Optoelectronics Inc. are down 12.7% in Friday morning trading after the company cut its revenue forecast owing to a problem with a small portion of 25G lasers related to a specific customer. Piper Jaffray analyst Troy Jens.....»»

Category: topSource: marketwatchSep 28th, 2018

Hawaiian Airlines cuts outlook in wake of Hurricane Lane, shares fall

Shares of Hawaiian Holdings Inc. dropped 1.9% in premarket trade Wednesday, after the company's Hawaiian Airlines subsidiary lowered its unit revenue and capacity guidance in the wake of .....»»

Category: topSource: marketwatchSep 5th, 2018

J.C. Penney stock plummets below $2 for the first time

Shares J.C. Penney sank below $2 for the first time Thursday after the company forecast a wider-than-expected full-year loss and posted disappointing results on the back of price cuts across product lines......»»

Category: topSource: moneycentralAug 16th, 2018

J.C. Penney stock plummets below $2 for the first time

Shares J.C. Penney sank below $2 for the first time Thursday after the company forecast a wider-than-expected full-year loss and posted disappointing results on the back of price cuts across product lines......»»

Category: topSource: moneycentralAug 16th, 2018

Yelp Shares Surge on Ad Business Growth

Yelp’s shares gained about 29% in trading Thursday after the online review company had record growth in paying advertising accounts and stronger-than-expected ad revenue in its latest quarter......»»

Category: smallbizSource: wsjAug 9th, 2018

Yelp stock leaps 15% after earnings beat, raised guidance

Yelp Inc. shares jumped about 15% Wednesday in late trading after the company reported better earnings than expected and raised its full-year forecast. The online-reviews site reported second-quarter ne.....»»

Category: topSource: marketwatchAug 8th, 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

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

Caesers is getting mauled after warning of a slowdown in Las Vegas (CZR)

Flickr/skinnylawyer Shares of Caesars Entertainment fell as much as 23% on Wednesday after the company forecast a slowdown in revenues from Las Vegas. They are currently down more than 13%. Revenue per available room at Las Vegas prop.....»»

Category: topSource: businessinsiderAug 1st, 2018

Nordstrom shares slide after weak revenue guidance and analyst downgrade

Nordstrom stock is down after the company announces its fiscal 2018 forecast, part of its investor day presentation......»»

Category: topSource: marketwatchJul 10th, 2018