Tags Earnings

GoPro actually had a good quarter and the stock is spiking 15%

 GoPro is flying high and mighty after releasing its 2017 second-quarter earnings. The camera company took in $297 million in revenue equaling a non-GAAP loss of 9 cents per share. This was way above Wall Street’s expectations, as the general consensus was that GoPro would report revenue of $269 million with a loss of 25 cents per share. That’s growth any way you slice it. Read More

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John Mannes,Fitz Tepper

August 3rd

Gadgets

GoPro actually had a good quarter and the stock is spiking 15%

 GoPro is flying high and mighty after releasing its 2017 second-quarter earnings. The camera company took in $297 million in revenue equaling a non-GAAP loss of 9 cents per share. This was way above Wall Street’s expectations, as the general consensus was that GoPro would report revenue of $269 million with a loss of 25 cents per share. That’s growth any way you slice it. Read More

Comments Off on GoPro actually had a good quarter and the stock is spiking 15%

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John Mannes,Fitz Tepper

August 3rd

Gadgets

Fitbit tries to convince investors it’s still alive

 Fitbit’s shares are not much more than 10% of the highs it reached of $47.60 in July 2015, the month following its public debut. On Wednesday, Fitbit closed $5.07, just barely a “unicorn” at $1.16 billion in market value. But the stock saw a rare boost after the company reported quarterly earnings, sending shares up over 4% in initial after hours trading. The company… Read More

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Katie Roof

August 2nd

Gadgets

Apple Watch sales up over 50% since last year

 Apple Watch sales are up over 50% since last year, according to Apple CEO Tim Cook. He mentioned this when discussing Apple’s strong third quarter results on the investor call Tuesday. Overall, Apple beat analyst expectations with $1.67 per share, versus the anticipated $1.57 per share. Revenue was $45.4 billion, when Wall Street forecast $44.89 billion. Shares were quickly up 5% in… Read More

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Katie Roof

August 1st

Apple

Gadgets

Nintendo’s earnings buoyed by strong Switch console and game sales

 Nintendo is selling its new Switch console as fast as it can make them, with 1.97 million sold during the quarter ended in June, which the company just reported. The total Switch sales to date now stand at 4.7 million, which is very strong for under two quarters of market availability, and on track to eclipse total lifetime Wii U sales in perhaps under a year, especially if Nintendo has a… Read More

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Darrell Etherington

July 26th

Gadgets

Meal ingredient delivery service Blue Apron is the next big consumer IPO

 Amidst an array of enterprise companies that have jumped on the IPO bandwagon following Snap’s successful IPO (aside from its more recent whiff of an earnings report), Blue Apron appears to be the next major consumer IPO. That’s important, because it continues the tone that both enterprise and consumer companies see an opportunity to go public. Read More

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Matthew Lynley

June 1st

Gadgets

Mobile

Snap earned $8.3M on Spectacles ‘and other revenue’ in Q1, $4.5M in Q4

 Snapchat won’t say exactly how many Spectacles its sold, but it did admit today that the “Other revenue” category that’s mostly from Spectacles brought in around $4.5 million in revenue in Q4 2016, and over $8.3 million in revenue in Q1 2017. Read More

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Josh Constine

May 10th

Gadgets

Snap earned $8.3M on Spectacles ‘and other revenue’ in Q1, $4.5M in Q4

 Snapchat won’t say exactly how many Spectacles its sold, but it did admit today that the “Other revenue” category that’s mostly from Spectacles brought in around $4.5 million in revenue in Q4 2016, and over $8.3 million in revenue in Q1 2017. Read More

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Josh Constine

May 10th

Gadgets

Axon (formerly Taser) grows like a weed as it refocuses on body cams

 Taser’s decision to relaunch itself as Axon and give away thousands of body cameras could have been interpreted either as a growing company looking to expand or a desperate one scrambling for purchase. Fortunately it appears to be the former: Axon is growing and the next year may be even bigger. Read More

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Devin Coldewey

May 9th

Gadgets

Apple hits a speed bump in Q2 after its stock soared in the past year

 Apple hit a little snag in the second quarter, falling slightly under what Wall Street expected in its earnings report — causing a slight drop after its stock has jumped massively in the past year. The company reported earnings of $2.10 per share on revenue of $52.9 billion. Wall street was looking for earnings of $2.02 per share on revenue of around $53 billion. It also sold 50.8… Read More

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Matthew Lynley

May 2nd

Apple

Gadgets

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September 2017
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