Palm Drops 15% After Hours on ‘Very Disappointing’ Results
Mar 18, 2010 Object
Palm reported revenue that beat Wall Street’s low expectations and a smaller loss than a year ago, but the smart-phone maker said its products are still struggling to catch on. The results are more evidence that the one-time mobile pioneer is lagging rivals and could become a takeover target.
Continue reading Palm Drops 15% After Hours on ‘Very Disappointing’ Results
Palm Drops 15% After Hours on ‘Very Disappointing’ Results originally appeared on DailyFinance on Thu, 18 Mar 2010 18:45:00.
Filed Under: Technology, Earnings, Motorola, Research In Motion, Apple, Palm
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Palm Drops 15% After Hours on ‘Very Disappointing’ Results
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EBay Surprises Street With Solid Report, Stock Up After Hours
E-commerce giant eBay (EBAY) beat Wall Street expectations Wednesday with a solid earnings report, powered by growth in PayPal, its core marketplaces unit and the sale of 70% of Web-calling service Skype. The results, which were helped by a better-than-expected holiday shopping season, are a nice boost for a company that has taken a beating lately from rival Amazon.com — as well as skeptical analysts.
Continue reading EBay Surprises Street With Solid Report, Stock Up After Hours
EBay Surprises Street With Solid Report, Stock Up After Hours originally appeared on DailyFinance on Wed, 20 Jan 2010 17:00:00.
Filed Under: Company News, Technology, Retail
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EBay Surprises Street With Solid Report, Stock Up After Hours
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Apple, Texas Instruments beat earnings estimates
Filed under: Company News, Earnings, Apple
Apple Inc. (AAPL) reported earnings of $1.82 cents per share vs. Wall Street analysts estimate of $1.42 cents per share. Powered by iPhone sales, the company had revenues of $9.87 billion for the quarter, well above estimates of $9.2 billion. Apple’s stock was up 8.5 percent in after hours trading.
Chip maker Texas Instruments (TXN) also had an impressive quarter, reporting earnings of 42 cents per share, which topped Wall Street estimates of 39 cents per share. The company recorded $2.88 billion in revenues versus estimates of $2.82 billion, which reflects a decline in sales from the prior year. Texas Instruments’ stock rose 8.2 percent in after hours trading.
Apple, Texas Instruments beat earnings estimates originally appeared on DailyFinance on Mon, 19 Oct 2009 16:50:00 EST. Please see our terms for use of feeds.
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Apple, Texas Instruments beat earnings estimates
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Palm beats expectations in fourth quarter; stock surges after hours
Filed under: Company News, Technology, Earnings
Looks like Palm (PALM) is roaring back to credibility. After the markets closed today, the Sunnyvale, Calif.-based smartphone maker reported a net loss of $105 million, or 78 cents per share, for its fourth quarter ending May 29.
While it was far worse than its loss of $43.4 million, or 40 cents per share in the same period one year ago, it was better than analysts expectations of a loss of 65 cents per share.
Continue reading Palm beats expectations in fourth quarter; stock surges after hours
Palm beats expectations in fourth quarter; stock surges after hours originally appeared on DailyFinance on Thu, 25 Jun 2009 18:00:00 EST. Please see our terms for use of feeds.
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Palm beats expectations in fourth quarter; stock surges after hours
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