98.7 Billion Revenue

Mobile gaming is expected to generate $98.7 billion in revenue globally | Xsolla

Mobile gaming is expected to generate $98.7 billion in revenue globally this year, with Asia leading the market at $65 billion.

Tech - VentureBeat - November 12

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - October 29

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge

CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.

Business - MarketWatch - November 6

Vodafone’s revenue drops in Germany

UK telecoms group hit by law changes over bundling TV with rent in its biggest market

World - Financial Times - November 12

Safran Upgrades Guidance as Revenue Rises

The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.

Business - The Wall Street Journal - October 25

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - October 29

Airbus Revenue, Earnings Beat Forecasts

Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.

Business - The Wall Street Journal - October 30

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

Business - CNBC - November 7

Chase Revenue Versus Build Profit

Five ways to strike the balance for sustainable growth.

Business - Inc. - 5 days ago

Moncler Revenue Falls on Lower Demand in Asia, Europe

The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.

Business - The Wall Street Journal - October 29

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.

Business - The Wall Street Journal - October 29

AMD reports record revenue but Q4 forecast disappoints

Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.

Tech - VentureBeat - October 29

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - October 30

Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.

Tech - The Wall Street Journal - October 31

Palantir shares surge on rosy revenue outlook

Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.

Business - CNBC - November 4

Pandora Narrows Sales View as Revenue Rises

The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.

Business - The Wall Street Journal - November 6

Qualcomm pops on chipmaker's earnings and revenue beat

Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.

Business - CNBC - November 6

Fewer Blockbusters Mean Revenue Loss for AMC Entertainment

AMC reported a dip in revenue and lower attendance as fewer big Hollywood movies arrive in theaters.

Business - Inc. - November 7

Block reports revenue miss but a slight beat on earnings

Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.

Business - CNBC - November 8

Cisco reports fourth straight quarter of declining revenue

Cisco reported better-than-expected results for the latest quarter but revenue continues to shrink.

Business - CNBC - November 13

JD.com Profit, Revenue Rise as Consumer Sentiment Improves

The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.

Business - The Wall Street Journal - November 14

NetEase's Profit Falls on Weaker Gaming Revenue

The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.

Business - The Wall Street Journal - November 14

Archer Daniels Midland Profit Plunges, Revenue Falls

Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second ...

Business - The Wall Street Journal - 5 days ago

Kuaishou Posts Profit, Revenue Growth, Meeting Estimates

The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.

Business - The Wall Street Journal - 3 days ago

Nvidia nearly doubles revenue on strong AI demand

Nvidia reported earnings after the bell. Here are the results.

Business - CNBC - 3 days ago

Snowflake rockets 32%, its best day ever, after earnings beat

Snowflake reported better-than-expected results on the top and bottom lines.

Business - CNBC - 2 days ago

MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...

Business - MarketWatch - November 11

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Musk’s X to undershoot revenue goals from political advertising

Social media platform has raised a fraction of $100mn target and mainly from Trump and Republicans

World - Financial Times - October 26

How This Lender Helped a Founder-Led Company Grow Revenue by 10X

Dwight Funding provided crucial debt financing to Dagne Dover in times of crisis.

Business - Inc. - October 28

Latest in 98.7 Billion Revenue