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Earnings Results: Facebook stock drops 19%, loses $120 billion in value after warning that revenue growth will take a hit

The social media behemoth’s stock lost near one-fifth of its value in after-hours trading Wednesday after an earnings report that missed expectations on revenue and showed slowing user growth, and weak guidance that rattled investors......»»

Category: topSource: marketwatchJul 26th, 2018

Earnings Results: Facebook stock drops roughly 20%, loses $120 billion in value after warning that revenue growth will take a hit

The social media behemoth’s stock lost near one-fifth of its value in after-hours trading Wednesday after an earnings report that missed expectations on revenue and showed slowing user growth, and weak guidance that rattled investors......»»

Category: topSource: marketwatchJul 26th, 2018

Meta earnings results: shares tumble 17% after hours despite beating estimates; stock down on weak revenue guidance

Meta's stock sank after hours. Share prices were down 17% after Facebook's parent company issued weak revenue guidance on today's earnings call. Matt McClain/The Washington Post/GettyMeta reported first-qua.....»»

Category: smallbizSource: nytApr 24th, 2024

Earnings Results: Okta to buy competitor Auth0 for $6.5 billion, stock drops as earnings outlook comes up short

Okta Inc. shares dropped in the extended session Wednesday after the identity-management services company's bottom-line outlook fell well short of Wall Street expectations and as company announced a big acquisition......»»

Category: topSource: marketwatchMar 3rd, 2021

Earnings Results: Cisco stock drops as outlook comes in below Street expectations

Cisco Systems Inc. may have topped analyst expectations for the most recently completed quarter late Wednesday, but the networking giant’s weak outlook weighed on shares after hours......»»

Category: topSource: marketwatchNov 13th, 2019

Option Traders Make Bullish Bets On Gap Following Guidance Cut, CEO Departure

Gap Inc (NYSE: GPS) tanked Friday after the company disappointed the market a weak earnings preannouncement, cut its full-year guidance and announced the surprise departure of its CEO. 0 read more.....»»

Category: blogSource: benzingaNov 8th, 2019

Earnings Results: Texas Instruments stock drops after weak outlook, drags on chip sector after hours

Texas Instruments Inc. shares dropped in the extended session Tuesday after the chip-maker’s outlook fell well beneath Wall Street estimates, and other chip-maker stocks took an after-hours hit......»»

Category: topSource: marketwatchOct 22nd, 2019

Cisco stock drops after earnings include weak guidance

Cisco Systems Inc. shares dipped 7% in after-hours trading Wednesday after a disappointing forecast that could be related to weakness in China and tech-spending concerns that the networking giant has so far managed to avoid......»»

Category: topSource: marketwatchAug 14th, 2019

Party City stock takes a 19% nosedive after earnings miss, weak guidance

Party City Holdco Inc. stock slumped 19% in Thursday trading after it announced second-quarter earnings that missed expectations and gave weak full-year guidance. Net income totaled $48.4 mi.....»»

Category: topSource: marketwatchAug 8th, 2019

Party City stock takes a 13% premarket nosedive after earnings miss, weak guidance

Party City Holdco Inc. stock slumped 13.9% in Thursday premarket trading after it announced second-quarter earnings that missed expectations and gave weak full-year guidance. Net income totaled $48.4 mi.....»»

Category: topSource: marketwatchAug 8th, 2019

Wall Street falls as CSX drops

U.S. stock indexes fell on Wednesday as weak results from CSX stoked concerns that the U.S.-China trade war could dent corporate earnings. Fred Katayama reports......»»

Category: videoSource: reutersJul 17th, 2019

Here"s Why Myriad Genetics Stock Gained as Much as 14.1% Today

The genetic testing leader announced fiscal fourth-quarter 2018 earnings results and gave guidance for next year. It's the news shareholders have been waiting for......»»

Category: topSource: foxnewsAug 22nd, 2018

Apple Drops 7% On Weak Guidance, But Technical Risk Still Remains

Apple Inc. (NASDAQ: AAPL) was trading 7 percent lower Friday afternoon after posting earnings that beat Wall Street expectations. We believe this downside risk will continue in the coming weeks, before the stock r.....»»

Category: earningsSource: benzingaNov 2nd, 2018

Weight Watchers stock plummets more than 30% after earnings show mixed results, weak guidance

Weight Watchers International Inc. late Tuesday reported mixed fourth-quarter results and weak guidance, saying it had a "soft start" to 2019, and shares plunged more than 30%. The company said it earned $44 million, or 63 cents a share, in the qu.....»»

Category: topSource: marketwatchFeb 26th, 2019

The Ratings Game: Mylan stock spirals after earnings miss and weak guidance

Shares of Mylan N.V. plummeted 12% on Wednesday after the drugmaker announced fourth-quarter earnings on Tuesday evening that missed Wall Street expectations and gave weaker-than-expected guidance for 2019.....»»

Category: topSource: marketwatchFeb 27th, 2019

ZoomInfo Technologies Stock Plunges After Q1 Earnings: What You Need To Know

ZoomInfo Technologies shares traded lower on Wednesday after the company reported first-quarter financial results and issued second-quarter guidance below estimates. read more.....»»

Category: blogSource: benzingaMay 8th, 2024

Warren Buffett"s Favorite Stock, Occidental Petroleum Reports Mixed Q1 Results

Occidental Petroleum (NYSE:OXY) reported mixed Q1 results with earnings beating estimates and sales missing. Operational excellence drove cash flow and production met guidance. read more.....»»

Category: blogSource: benzingaMay 7th, 2024

AMC Stock On Watch For Q1 Earnings: Estimates, What Analysts Expect, Will Box Office Recover?

AMC stock is down over 90% in the last year. The company reports Q1 results on Wednesday, which could show a weak box office. Latest Ra.....»»

Category: blogSource: benzingaMay 7th, 2024

Cloudflare Stock Tanks Following Q1 Results, Subpar Guidance - Here"s Why

Cloudflare reported quarterly earnings of 16 cents per sha.....»»

Category: blogSource: benzingaMay 2nd, 2024

What"s Going On With Fastly Stock After Earnings?

Fastly, Inc. (NYSE:FSLY) shares are falling Thursday after the company issued weak second-quarter and fiscal year guidance. T.....»»

Category: earningsSource: benzingaMay 2nd, 2024