Updated with details from Microsoft’s earnings conference call. Microsoft posted a 17% increase in revenue, to $61.9 billion, with $21.9 billion in profits, up 20%, and earnings of $2.94 per… Read More
Remitly’s business is on a roll. The Seattle-based digital remittance company reported its full-year results Wednesday for 2023. Total revenue last year came in at $944.3 million, up 44% year-over-year;… Read More
Amazon topped expectations for its holiday quarter, reporting record revenue of $169.9 billion, up 14% year-over-year, and earnings per share of $1.00. Wall Street expected earnings of $0.80 per share… Read More
Microsoft’s revenue from its Azure cloud platform and related services rose 30% in the quarter ended Dec. 31, including a 6 percentage point boost from its artificial intelligence technologies. The… Read More
[This story originally appeared on Real Estate News.] Zillow shared some good news with investors Wednesday, reporting $496 million in revenue for the third quarter, representing a 3% increase from the… Read More
Amazon shares were up more than 5% in after-hours trading Thursday after the Seattle tech giant beat analyst expectations for profits and revenue for its third quarter. Update: Shares came… Read More
Microsoft exceeded Wall Street’s expectations with revenue of $56.5 billion, up 13% year-over-year, and earnings of $2.99 per share, up 27%, with increased cloud revenue foreshadowing strong interest in its… Read More
Amazon shares were up more than 7% in after-hours trading Thursday after the Seattle tech giant topped analyst expectations for both profits and revenue. Amazon’s cost-cutting moves over the past… Read More
Shares of F5 were up more than 8% in after-hours trading Monday after the Seattle-based company application security and delivery giant reported its fiscal third quarter earnings.
Investors will be looking for early signs of traction from Microsoft’s artificial intelligence investments Tuesday afternoon when the company reports results for its fiscal fourth quarter. They’ll likely need to… Read More
Editor’s note: Story updated based on stock price fluctuation. Amazon shares were up more than 11% in after-hours trading Thursday after the Seattle tech giant topped analyst expectations for both… Read More
Amazon will report its first quarter earnings on Thursday. Here’s what to watch. Cloud growth: Amazon Web Services has long been a key profit driver but is facing slowing growth… Read More
Microsoft reported revenue of $52.9 billion for its fiscal third quarter, a 7% increase from last year. The company beat analyst expectations of $51 billion and shares were up more… Read More
Barring a big surprise, the sluggish economy will continue to take a toll on Microsoft’s overall growth in its financial report Tuesday afternoon for the three months ended March 31,… Read More
Redfin’s revenue fell 25% in the fourth quarter amid a housing market slowdown that has hampered its growth over the last year. The Seattle real estate giant reported $479 million… Read More
Zillow Group beat fourth quarter earnings expectations as it continues to navigate the housing market slowdown. The Seattle real estate tech giant on Wednesday reported total Q4 revenue of $435… Read More
Microsoft’s revenue rose 2% to $52.7 billion in its second fiscal quarter, just missing Wall Street’s expectations, and profits dropped 7% to $17.4 billion, not counting a special charge related… Read More
Microsoft is seeing customers “optimize their digital spend to do more with less,” and “exercise caution” in the face of an uncertain economy, CEO Satya Nadella said in a memo… Read More
A declining PC market, macroeconomic headwinds, and a strong U.S. dollar are slowing Microsoft’s revenue growth numbers, but the Redmond tech giant still beat expectations for its first fiscal quarter… Read More
This week on the GeekWire Podcast, we play highlights and offer our thoughts on the recent earnings calls of Amazon, Apple, Microsoft, Meta and Alphabet, seeking to better understand what’s… Read More
Amazon’s direct workforce declined by 99,000 employees from the first to the second quarter, to 1.52 million people, the largest sequential drop in its history, after overstaffing its warehouses to… Read More
T-Mobile reported $19.7 billion in revenue for its second fiscal quarter, which was down slightly from the year-ago quarter and missed analyst expectations. Still, the Bellevue, Wash.-based wireless carrier added… Read More
Seattle application security and delivery giant F5 beat expectations for its third fiscal quarter, reporting $674 million in revenue, up 4% year-over-year, and non-GAAP earnings per share of $2.57, slightly… Read More
Will Microsoft’s guidance for its Azure cloud business exceed 40% growth? That’s one way Wall Street will be using Microsoft’s quarterly report Tuesday afternoon to gauge not just the company’s… Read More
Amazon shares declined more than 10% in after-hours trading Thursday after the Seattle tech giant revealed its first quarter earnings report and provided a lower-than-anticipated sales forecast for the second… Read More
Streaming video subscriptions might be more disposable than imagined, but the juggernaut of cloud infrastructure and enterprise services is another matter entirely. That’s the underlying theory behind Wall Street’s expectation… Read More
Zillow Group may be ducking out of the home-buying business. But now it has a new plan to make more money off real estate transactions. The Seattle company revealed a… Read More
Microsoft surpassed $50 billion in quarterly revenue for the first time, with profits of $18.8 billion, up 22%, in its financial results posted Tuesday afternoon. Generating profits at that rate,… Read More
Microsoft posted revenue of $51.7 billion in the December quarter, up 20% from the same quarter last year, and profits of $18.8 billion, an increase of 21%, with earnings per… Read More
Much of the spotlight has been on Microsoft’s gaming division over the past week, thanks to its $68.7 billion deal to buy Activision Blizzard. But that’s a long-term strategy, with… Read More
