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Slack, the workplace messaging platform that has helped define a key category of enterprise IT, made its debut as a public company today with a pop. Trading as “WORK” on the New York Stock Exchange, it opened at $38.50 after setting a reference price last night of $26, valuing it at $15.7 billion, and then […] Continue reading Slack opens at $38.50, a pop of 48% on its first day of trading on NYSE as WORK
After a year of success, its operators say they earned millions — and are ready to retire. Continue reading GandCrab Ransomware Shutters Its Operations
Microsoft has released earnings for its third quarter, calendar first quarter, with revenues of $30.6 billion with a Net Income of $8.8 billion. During the period, the company returned $7.4 billion to shareholders in the form of share repurchases and dividends.
The post Microsoft’s Q3 Earnings Jump 14% on Office and Cloud Growth appeared first on Petri.
Continue reading Microsoft’s Q3 Earnings Jump 14% on Office and Cloud Growth
Microsoft reported its quarterly earnings for Q3 2019 today. Overall, Wall Street expected earnings of about $1 per share and revenue of $29.84 billion. The company handily beat this with revenue of $30.6 billion (up 14 percent from the year-ago quarter) and earnings per share of $1.14. With Microsoft focusing heavily on its cloud business, […] Continue reading Microsoft beats expectations with $30.6B in revenue as Azure’s growth continues
By most common sense measurements, Box had a pretty good earnings report today, reporting revenue up 20 percent year over year to $163.7 million. That doesn’t sound bad, yet Wall Street was not happy with the stock getting whacked, down more than 22 percent after hours as we went to press. It appears investors were […] Continue reading Box fourth quarter revenue up 20 percent, but stock down 22 percent after hours
Google has shared its cloud revenue exactly once over the last several years. Silence tends to lead to speculation to fill the information vacuum. Luckily there are some analyst firms who try to fill the void, and it looks like Google’s cloud business is actually trending in the right direction, even if they aren’t willing […] Continue reading Google’s still not sharing cloud revenue
Microsoft has released their Q2 earnings for 2019, fiscal Q4 2018, with a revenue of $32.5 billion, an increase of 12% with an operating income of $10.3 billion.
The post Microsoft’s Q2 is a small miss on Revenue, But Company Remains Stable appeared first on Petri.
Continue reading Microsoft’s Q2 is a small miss on Revenue, But Company Remains Stable
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Tesla earns its first profit in two years Tesla reported a profit in the third quarter, reversing seven consecutive quarters of […] Continue reading Daily Crunch: Tesla is profitable again
Microsoft reported their first-quarter earnings for 2019, calendar Q3, with $29.1 billion in revenue, an increase of 19% when compared to a year ago, and a Net Income of $8.8 billion.
The post Microsoft Posts $29.1 Billion for Q1 Earnings With Strong Growth Across the Org appeared first on Petri.
Continue reading Microsoft Posts $29.1 Billion for Q1 Earnings With Strong Growth Across the Org
After a disappointing second quarter, Netflix is back in Wall Street’s good graces. The company just released its third quarter earnings report, and as of 5:30pm East Coast time, the stock is up 12 percent in after hours trading. The most important number here is subscriber growth, and that’s where Netflix came in way ahead […] Continue reading Netflix shares are up after the streaming service adds nearly 7M new subscribers in Q3