Category Archives: Quarterly results

Microsoft reports strong earnings as Azure hit by major outage

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Tech giant reports earnings of $3.72 per share day after deal with OpenAI pushed value of company to more than $4tn

Microsoft blew off concerns of overspending on AI on Wednesday, reporting elevated earnings even as it faced an outage of its cloud computing service, Azure, and its office software suite, 365. The strong earnings report comes a day after a deal with OpenAI pushed the value of tech giant to more than $4tn.

After its Xbox and investor relations pages went down, the company issued a statement that said: “We are working to address an issue affecting Azure Front Door that is impacting the availability of some services.”

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Meta reports mixed financial results amid spree of AI hiring and spending

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Tech company brings in record quarterly revenue but major tax bill dampens earnings per share

Meta reported mixed financial results for the third quarter of 2025. The company brought in record quarterly revenue but reported a major tax bill that dampened earnings per share, the company announced on Wednesday. The financial results come as Meta ends a multibillion-dollar hiring spree focused on artificial intelligence talent.

The tech giant earned $51.24bn in quarterly revenue, beating Wall Street expectations and the company’s own projections for third-quarter sales. However, it reported earnings per share (EPS) of $1.05, far below Wall Street expectations of $6.70 in EPS. The major drop was due to a one-time non-cash income tax charge of $15.93bn. The EPS would have been $7.25 without this one-time charge, the company said.

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Google parent Alphabet beats forecasts with first $100bn quarter

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Strong demand for ads and cloud services powered tech giant’s growth as it makes multibillion-dollar AI investment

Google’s parent company, Alphabet, displayed steady growth in its core advertising business and cloud computing division as it reported third-quarter earnings on Wednesday, beating Wall Street estimates as it reported its first quarter of $100bn in revenue.

The company thrilled Wall Street – shares rose in after-hours trading – even as it announced that it would spend billions more than previously predicted. Alphabet raised its capital expenditure guidance in financial filings, declaring it would spend between $91bn and $93bn in the upcoming year, nearly all of it on infrastructure like datacenters to support artificial intelligence products, which are becoming an integral part of the company’s business. That estimate is up from an original declaration of $75bn in February and a revised figure of $85bn announced in July.

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Tesla reports steep drop in profits despite US rush to buy electric vehicles

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Carmaker exceeded Wall Street’s expectations with more than $26bn in revenue, but saw a 37% drop in profits

Despite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter.

A rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla’s flagging sales, leading to the automaker exceeding some of Wall Street’s projections in its most recent financial quarter. Yet the company failed to meet earnings expectations and its stock fell in after hours trading.

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Amazon reports better-than-expected earnings despite tumult of Trump tariffs

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Company exceeds expectations for third quarter in a row as chief executive Andy Jassy admits uncertainty over tariffs

Amazon reported strong first-quarter earnings for the 2025 fiscal year on Thursday after the New York stock exchange closed – results that will be seen in the context of consumer resilience in the face of Donald Trump’s tariff wars.

Amazon reported $1.59 in earnings-per-share (EPS) and revenue of $155.67bn. Analysts had estimated that the company’s EPS would come in at $1.36 on revenue of $155bn. In particular focus: Amazon’s advertising business, which grew 19% in the first quarter of 2025, handily exceeding analyst expectations as well. The company has exceeded Wall Street’s expectations for the previous two quarters.

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Microsoft to report earnings as AI financial boom shows no sign of slowing

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Company has beaten Wall Street expectations in each of its previous three quarterly earnings reports

Microsoft will report its earnings for the third quarter of the fiscal year after the stock market closes on Wednesday. Analysts have predicted that revenue would grow by 10.6% year-over-year to $68.4bn, even as the company plows tens of billions into artificial intelligence as well as earnings-per-share of $3.22. The company has beaten Wall Street’s expectations on each of its previous three quarterly earnings reports.

Analysts said they view the earnings report as a temperature check on Microsoft’s artificial intelligence business, which has announced it will invest around $80bn in this fiscal year alone, though it has also terminated some data center leases in recent months. The company has invested billions in OpenAI in recent years, giving it a large stake in the ChatGPT developer.

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Meta to report quarterly earnings amid tariff uncertainty and AI investment

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Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share

Meta is set to report its first quarter earnings on Wednesday after the bell, and investors will be looking for news on whether the company met its quarterly revenue goals of somewhere between $39.5bn and $41.8bn.

Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share.

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Meta rides AI boom to stellar quarterly earnings, but slightly less than expected

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Company beats financial predictions but does not increase daily users as much as Wall Street thought it might

Meta’s blowout year continues after the company reported another stellar financial quarter on Wednesday. Shares fell in after-hours trading.

Wall Street analysts had high expectations for the Instagram and WhatsApp parent company, projecting an 18% jump in sales year over year. The company reported $40.6bn in sales, a 19% increase year over year that outpaced investor expectations of $40.19bn. Meta, which saw a 25% jump in its share price over the past two months, reported $6.03 in earnings per share (EPS), surpassing Wall Street’s expectations of an EPS of $5.29.

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Netflix to double profits after adding millions of subscribers in three months

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After cracking down on password sharing, expanding into ads and investing billions in live TV, group declares success

Netflix expects to double its profits this quarter after the world’s largest streaming service added more than 5 million new subscribers this summer.

After cracking down on password sharing, introducing adverts to its service and investing billions in live TV, the group declared it had “delivered” on plans to shore up its business.

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Nvidia reports stratospheric growth as AI boom shows no sign of stopping

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Chipmaker reports strong demand and higher-than-expected revenue even as other companies spend to develop their own chips

Nvidia reported record quarterly revenue Wednesday on the back of the explosion in corporate appetite for artificial intelligence.

“The next industrial revolution has begun – companies and countries are partnering with Nvidia … to produce a new commodity: artificial intelligence,” said Jensen Huang, founder and CEO of Nvidia.

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Lyft CEO says ‘My bad’ after earnings typo sends stock up 60%

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The company had predicted it would grow by 5% in 2024, but later said that the real increase would be a factor of 10 lower

Lyft beat estimates for fourth-quarter profits on Tuesday as the ride-share platform reaps the benefits of growth in rides to stadiums and airports as well as heavy cost-cutting.

Company shares surged more than 60% in extended trading but erased most of those gains after Lyft’s chief financial officer corrected a major mistake in the earnings report. The company had predicted it would grow by 500 basis points (5%) in 2024, but later said that the real increase would be a factor of 10 lower – 50 basis points (0.5%). In 2023, the stock gained about 36%.

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Tesla delivers underwhelming earnings despite Cybertruck launch and high vehicle deliveries

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Electric vehicle manufacturer’s earnings in the fourth quarter of 2023 missed analyst expectations

Despite putting a new vehicle on the market, announcing another for 2025 and beating Wall Street’s expectations for vehicle deliveries, Tesla was not able to shake off its disappointing third quarter.

The electric vehicle manufacturer brought in $25.1bn in revenue and posted $.71 in earnings a share in the fourth quarter of 2023, missing analyst expectations of 25.76bn in revenue and $0.74 earnings a share. The company’s fourth quarter revenue increased 3% year over year from $24.3bn in 2022.

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Chipmaker Nvidia crushes quarterly expectations with $13.5bn in revenue

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The company’s specialized AI chips are in great demand, boosting its value to over $1tn, a first for a chipmaker

The chipmaker Nvidia has far surpassed quarterly expectations, raking in $13.5bn in revenue – over $2bn more than the $11.2bn Wall Street analysts had predicted – amid skyrocketing demand for its computer chips that power artificial intelligence (AI) systems.

The blockbuster second quarter comes at a moment of intense hype around generative AI, a mood that Nvidia has been uniquely positioned to capture. The 30-year-old company is one of the biggest winners in the AI boom and is now valued at over $1tn, with its chips powering nearly all the world’s major artificial intelligence apps, including ChatGPT.

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Shell’s ‘obscene’ $5bn profits reignite outrage amid climate crisis

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Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

Shell has reignited outrage among climate activists by handing billions to its shareholders after making profits that campaigners have described as “obscene”.

Protests were held outside the oil company’s London headquarters on Thursday after it reported second-quarter profits of just over $5bn (£3.9bn) in the same week that wildfires linked to the climate crisis burned across Mediterranean countries.

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Tesla beats Wall Street expectations to produce record number of vehicles

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Report comes amid concerns Elon Musk, who owns SpaceX, Neuralink and Twitter, is spread too thin

Tesla narrowly beat Wall Street expectations in the second quarter of 2023, but shares began to fall in after hours trading following an earnings call that offered shareholders little reassurance surrounding Tesla’s promised Cybertruck release and other production concerns.

Revenue for the quarter topped $24.97bn compared to analyst predictions of $24.7 bn.

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Apple weathers tech industry storm to top profit and revenue targets

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The company reported an 8% increase of earnings at $90.1bn beating Wall Street expectations with net profit of $1.29 a share

Apple’s quarterly earnings on Thursday revealed that the company is weathering the ongoing tech downturn better than its competitors, reporting revenue and profit that topped Wall Street targets.

Revenue rose 8% this quarter to $90.1bn, above estimates of $88.9bn, while net profit was $1.29 a share, topping with the average analyst estimate of $1.27 a share, according to data from the market research firm Refinitiv.

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Meta’s growth comes to screeching halt as company projects first revenue drop

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The company in its second-quarter earnings report said it anticipates lower than predicted revenue of $26bn to $28.5bn

For the first time in nearly a decade, Meta’s explosive growth has come to a halt, as the Facebook parent company forecast its first decline in revenue since it went public.

Meta, in its second-quarter earnings report on Wednesday, said it expects third-quarter revenue of between $26bn and $28.5bn – lower than the $30.52bn analysts predicted.

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Google earnings signal company weathering slowdown better than expected

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Parent company Alphabet reports second-quarter revenue of $69.69bn, 13% higher than a year ago

Alphabet only narrowly missed estimates for its quarterly revenue on Tuesday, a sign the tech giant may weather an industry-wide slowdown better than expected.

Alphabet reported second-quarter revenue of $69.69bn, 13% higher than same period a year ago and nearly in line with the average expectation of $69.88bn among investment researchers tracked by Refinitiv.

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Shares in Snapchat owner slump 25% amid slowdown in ad revenue

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Parent company Snap talks of ‘incredibly challenging’ conditions as it seeks new sources of revenue

Shares in Snapchat’s parent company have fallen 25% after it confirmed investors’ fears of a slowdown in advertising revenue for social media firms.

Snap painted a grim picture of the effects of a weakening economy on social media in quarterly results on Thursday and declined to make a revenue forecast in “incredibly challenging” conditions, hitting its share price in after hours trading and setting off a chain reaction among listed rivals.

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Alphabet revenue falls short as YouTube and TikTok battle for users

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Supply issues, inflation and war in Ukraine fuel Google parent company’s first-quarter struggles

Alphabet’s first quarter revenue fell below analysts’ expectations on Tuesday, as the company confronts supply chain problems, inflation concerns, and fallout from the war in Ukraine.

In its quarterly earnings report, Google’s parent company said it had made a quarterly profit of $16.436bn, or $24.62 per share, missing expectations of $25.76 per share.

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