Alphabet Posts Q4 EPS of $1.64 on Revenue of $86.3 Billion, Vs CIQ Analyst Consensus of $1.60/Share on Revenue of $85.3 Billion。
Starbucks 1Q North America Same-Store Sales Up 5%。
Starbucks 1Q North America Same-Store Sales Up 5% Read Post »
Starbucks Reports Q1 Fiscal 2024 Results Q1 Consolidated Net Revenues Up 8% to a Record $9.4 Billion Q1 Comparable Store Sales Up 5% Globally; Up 5% in North America; Up 7% in International Q1 GAAP EPS Up 22% to $0.90; Non-GAAP EPS Up 20% to $0.90 as Reinvention Unlocks Continued Efficiency Q1 Active U.S. Starbucks(R) Rewards Membership Reaches 34.3 Million, Up 13% Over Prior Year Q1 U.S. Card Loads Reaches a Record $3.6 Billion; Ranking as #2 U.S. Brand in Holiday Gift Card Activations SEATTLE–(BUSINESS WIRE)–January 30, 2024– Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal first quarter ended December 31, 2023. GAAP results in fiscal 2024 and fiscal 2023 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Q1 Fiscal 2024 Highlights — Global comparable store
Starbucks Reports Q1 Fiscal 2024 Results Read Post »
Alphabet Q4 Search & Other Revenue at $48 Billion Vs Visible Alpha Analyst Consensus of $48 Billion; YouTube Ads at $9.2 Billion Vs Consensus of $9.17 Billion。
Microsoft Reports Q2 EPS of $2.93 on Revenue of $62 Billion, Vs CIQ Analyst Consensus of $2.77/Share on Revenue of $61.1 Billion。
By Emily Bary CEO says AI is helping the company win new customers Microsoft Corp. posted beats across the board with its latest results Tuesday afternoon, calling out momentum in the cloud and traction with artificial intelligence. Microsoft’s (MSFT) Azure and other cloud-services businesses posted revenue growth of 28% on a constant-currency basis in the fiscal second quarter. Analysts expected Azure constant-currency revenue growth of 27% for the period. Overall, Microsoft recorded $62.0 billion in revenue for its latest quarter, up from $52.7 billion a year earlier. Analysts were modeling $61.1 billion. “By infusing AI across every layer of our tech stack, we’re winning new customers and helping drive new benefits and productivity gains across every sector,” Chief Executive Satya Nadella said in a release. The company generated $19.2 billion in revenue from its productivity and business-processes segment, which houses Office. Analysts were modeling $18.6 billion. Intelligent cloud revenue was
Microsoft Earnings Beat Across the Board as Cloud, AI Drive Momentum Read Post »
Microsoft Q2 Intelligent Cloud Revenue at $25.9 Billion Vs Visible Alpha Analyst Consensus of $25.3 Billion。
AMD Reports Fourth Quarter and Full Year 2023 Financial Results SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the fourth quarter of 2023 of $6.2 billion, gross margin of 47%, operating income of $342 million, net income of $667 million and diluted earnings per share of $0.41. On a non-GAAP((*) basis, gross margin was 51%, operating income was $1.4 billion, net income was $1.2 billion and diluted earnings per share was $0.77. For the full year 2023, the company reported revenue of $22.7 billion, gross margin of 46%, operating income of $401 million, net income of $854 million and diluted earnings per share of $0.53. On a non-GAAP((*) basis, gross margin was 50%, operating income was $4.9 billion, net income was $4.3 billion and diluted earnings per share was $2.65. “We finished 2023 strong, with sequential and year-over-year revenue and earnings growth driven
AMD Reports Fourth Quarter and Full Year 2023 Financial Results Read Post »
By Heather Haddon Starbucks’s coffee sales are losing some steam. The world’s largest coffee chain said over the quarter ended Dec. 31 that its global same-store sales grew by 5%, down from the previous quarter and below analysts’ expectations. The Seattle company said it generated a record $9.4 billion in sales for its fiscal first quarter, up 8% from the prior-year period but missing analysts’ expectations of $9.6 billion. Earnings were 90 cents a share when accounting for one-time items. Analysts polled by FactSet expected 93 cents a share. Investors’ concerns have grown over Starbucks’s business in recent months, particularly in the U.S. and China where the coffee giant faces increasing competition. Chief executive Laxman Narasimhan said at a December investor conference that the company’s business faced headwinds, including geopolitical conflict and slowing U.S. consumer spending. Starbucks shares were down 14% over the last 12 months as of Monday’s close.
Starbucks’ Sales Growth Slows at Cafes — WSJ Read Post »
Alphabet (GOOG) reported Q4 diluted earnings late Tuesday of $1.64 per share, up from $1.05 a year earlier. Analysts polled by Capital IQ expected $1.60. Revenue for the quarter that ended Dec. 31 was $86.31 billion, up from $76.05 billion a year earlier. Analysts surveyed by Capital IQ expected $85.28 billion. Shares of the company traded 4% lower in after-hours activity.
Alphabet Q4 Earnings, Revenue Increase Read Post »
AMD Reports Q4 EPS of $0.77 on Revenue of $6.2 Billion, Vs CIQ Analyst Consensus of $0.77/Share on Revenue of $6.14 Billion。
AMD Q4 Gaming Revenue at $1.4 Billion Vs Visible Alpha Analyst Consensus of $1.25 Billion; Embedded Revenue at $1.1 Billion Vs Consensus of $1.06 Billion。