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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

: Palantir net loss doubles, stock falls after earnings

Palantir Technologies Inc. topped revenue expectations Tuesday morning while offering a better-than-expected top-line forecast for the current quarter, but shares fell in premarket trading after the company delivered a widening net loss......»»

Category: topSource: marketwatchMay 11th, 2021

Earnings Results: AMD stock rises after earnings show data-center sales more than doubling

Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year......»»

Category: topSource: marketwatchApr 27th, 2021

JetBlue stock jumps loss was narrower than expected, and as revenue and load factor also beat

Shares of JetBlue Airways Corp. jumped 1.7% in premarket trading Tuesday, after the air carrier reported a narrower-than-loss as revenue fell less than forecast, and said it reached breakeven cash from operations in March. Ne.....»»

Category: topSource: marketwatchApr 27th, 2021

Earnings Results: IBM surprises with revenue gain, see growth returning to pre-COVID-19 levels

International Business Machines Inc. shares rallied in the extended session Monday as the tech giant not only topped Wall Street estimates and broke a streak of declining revenue levels but forecast a return to pre-COVID-19 growth levels......»»

Category: topSource: marketwatchApr 19th, 2021

: Micron increases revenue and earnings forecasts

Shares of Micron Technology Inc. are up 0.5% in Wednesday morning trading after the company updated its fiscal second-quarter outlook with a more upbeat forecast......»»

Category: topSource: marketwatchMar 3rd, 2021