Doordash Sees Q1 Marketplace GOV $18.5B-$18.9B, Adj. EBITDA $320M-$380M.
DoorDash (NASDAQ:DASH) Sees Q1 Marketplace GOV $18.5B-$18.9B, Adj. EBITDA $320M-$380M Read Post »
Roku Reports Active Accounts in Q4 of 80 Million Vs Visible Alpha Analyst Consensus of 78.7 Million; Streaming Hours at 29.1 Billion Vs Consensus of 28.3 Billion.
Roku: Users Streamed Record 29.1 Billion Hours in 4Q and 106.0 Billion Hours in 2023, the First Year in Which Roku Surpassed 100 Billion Hours.
Roku: Users Streamed Record 29.1 Billion Hours in 4Q and 106.0 Billion Hours in 2023 Read Post »
Roku: Platform Gross Margin Was 55%, Relatively Flat YoY.
Roku: Platform Gross Margin Was 55%, Relatively Flat YoY Read Post »
DoorDash Reports Q4 Monthly Active Customers at 37 Million Vs Visible Alpha Analyst Consensus of 36.6 Million.
DoorDash Says In Feb. Board Of Directors Authorized The Repurchase Of Up To $1.1B Of Class A Common Stock.
Applied Materials, Inc. (Nasdaq: AMAT) reported fiscal Q1 non-GAAP earnings late Thursday of $2.13 per diluted share, up from $2.03 a year earlier. Analysts polled by Capital IQ expected $1.91. Revenue in the quarter ended Jan. 28 fell to $6.71 billion from $6.74 billion a year earlier. Analysts surveyed by Capital IQ expected $6.49 billion. In Q2, the company said it expects non-GAAP diluted EPS of $1.79 to $2.15 on revenue of $6.5 billion, plus or minus $400 million. Analysts in a Capital IQ poll expect EPS of $1.78 on revenue of $6.33 billion. Applied Materials shares climbed 10% in recent after-hours trading.
Streaming platform and hardware company Roku Inc (NASDAQ:ROKU) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Roku reported fourth-quarter revenue of $984.42 million, which was up 14% year-over-year. The revenue came in ahead of a Street consensus estimate of $966.3 million, according to data from Benzinga Pro. The company reported a loss of 55 cents per share, beating a Street estimate of a loss of 57 cents per share. Platform revenue was $828.9 million in the quarter, which was up 13% year-over-year. Devices revenue was $155.6 million in the quarter, which was up 15% year-over-year. Roku ended the fourth quarter with 80 million active accounts, up 14% year-over-year. The company added 4.2 million net accounts in the quarter. Average revenue per user was $39.92 in the fourth quarter, down 4% year-over-year. The company said it had 29.1 billion streaming hours in the fourth quarter, up
General Electric Vernova Is Expected to Spin Off From GE in Early April, Subject to Final Approval From the GE Board and Other Customary Conditions.
General Electric Vernova Is Expected to Spin Off From GE in Early April Read Post »
DoorDash (NASDAQ:DASH) reported Q4 loss Thursday of $0.39 per diluted share, narrower than a loss of $1.65 a year earlier. Analysts polled by Capital IQ expected a loss of $0.14. Revenue for the quarter ended Dec. 31 was $2.30 billion, up from $1.82 billion a year earlier. Analysts polled by Capital IQ expected $2.25 billion. Company shares were down more than 6% in after-hours activity.
DoorDash (NASDAQ:DASH) Narrows Q4 Loss, Revenue Rises Read Post »
By Eric J. Savitz DoorDash shares headed lower late Thursday even though the food-delivery company reported better results than expected for the fourth quarter. Investors appear to have been looking for a more decisive increase in the outlook for the first quarter and beyond. In late trading, the stock was down 6.7%, to $117.89. In the December quarter, revenue came in at $2.3 billion, up 23% from a year ago and a little ahead of the Wall Street consensus forecast of $2.25 billion. Adjusted earnings before interest, taxes, depreciation, and amortization was $363 million, slightly above the Street at $356 million. The company lost 39 cents a share in the quarter, while analysts had expected a loss of 16 cents. Gross order volume was $17.6 billion, up 22% from a year ago, and above the consensus call for $17.29 billion among analysts tracked by FactSet. Total orders were 574 million,
DoorDash Stock Slides Despite Strong Earnings — Barrons.com Read Post »
Roku, Inc. (NASDAQ: ROKU) reported Q4 net loss late Thursday of $0.55 per diluted share, narrowing from the loss of $1.70 a year earlier. Analysts polled by Capital IQ expected a loss of $0.55. Revenue in the quarter ended Dec. 31 rose to $984.4 million from $867.1 million a year earlier. Analysts surveyed by Capital IQ expected $967.1 million. In Q1, the company expects revenue of $850 million. Analysts in a Capital IQ poll expect $834.8 million. Roku shares slumped 14% in recent after-hours trading.
Roku, Inc. (NASDAQ: ROKU) Q4 Net Loss Narrows, Revenue Rises; Q1 Revenue Guidance Set; Read Post »