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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

Slack revenue growth fails to impress, shares tank

Slack Technologies Inc on Thursday posted slowing quarterly sales growth, disappointing investors who had expected a surge in demand for its workplace messaging app as companies rapidly adopt remote working tools and technology......»»

Category: topSource: reutersJun 4th, 2020

Burlington Stores loss is wider than expected as revenue falls more than forecast

Shares of Burlington Stores Inc. fell 2.5% in premarket trading Thursday, after the off-price retailer reported a wider-than-expected fiscal first-quarter loss and revenue.....»»

Category: topSource: marketwatchMay 28th, 2020

Micron raises third-quarter revenue forecast

Micron Technology Inc raised its revenue forecast for the third quarter on Wednesday to a range of $5.2 billion to $5.4 billion from $4.6 billion to $5.2 billion, sending its shares about 3% higher......»»

Category: topSource: reutersMay 27th, 2020

Foot Locker"s stock drops after wider-than-expected loss, revenue falls more than forecast

Shares of Foot Locker Inc. sank 4.5% in premarket trading Friday, after the athletic shoe and accessories retailer reported a wider-than-expected fiscal first-quarter loss as revenue fell more and the gross margin rate dropped as the COVID-19 pandemic .....»»

Category: topSource: marketwatchMay 22nd, 2020

Under Armour warns 2nd quarter revenue could more than halve, shares tank

Under Armour Inc forecast on Monday a 50% to 60% drop in second-quarter revenue as most of its stores remained closed because of the COVID-19 pandemic, sending the athletic apparel maker's shares down about 11%......»»

Category: topSource: reutersMay 11th, 2020