Earnings News, page 2

Samsung profit slides for second straight quarter in Q1

Samsung is wrestling with the same headwinds as Apple: slowing global smartphone volume growth and falling prices. Bloomberg reports that Samsung’s unaudited results show a first-quarter drop in operating profit to 8.4 trillion won, or >>

Verizon recovers from huge loss with $5 billion Q4 profit

Verizon Communications posted a massive $1.93 billion loss in the fourth quarter of 2012 as pension expenses and costs associated with Hurricane Sandy took a big toll on the company’s performance. The company >>

Samsung misses big as Q4 profit falls 18%

Samsung on Tuesday morning reported its unaudited earnings results for the fourth quarter of 2013, missing analysts’ estimates and raising concerns about the coming year as high-end smartphone sales growth continues to slow. >>

Facebook’s fear comes into focus: Teens are fleeing

Facebook’s third-quarter results blew out Wall Street expectations as the company earned $0.25 per share on $2.02 billion in revenue. Though it wasn’t quantified, there’s one number that’s scaring Facebook, and investors: teens >>

Netflix is now in Beast Mode

It’s hard to beat expectations after your share price has soared from $60 to $330 in a year. Incredibly hard. Yet that is what Netflix just accomplished on Monday evening — and the >>