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Johan Viirok/Flickr Deere & Co. reported sales jumped 23% in the first quarter. The company recorded a net loss because of the US tax reform. Deere expects equipment sales to climb 29% in fiscal 2018. (Reuters) – U.S. farm equipment maker Deere & Co on Friday reported a 23 percent jump in first-quarter revenues as […]
Thearon W. Henderson/Getty Under Armour revenue topped Wall Street estimates. The athletic-apparel maker posted a fourth-quarter loss of $ 87.9 million because of a one-time charge due to the new tax law. (Reuters) – Under Armour Inc on Tuesday reported quarterly revenue that beat analysts’ estimates, as it sold more footwear and apparel through its […]
(Reuters) — Snap surprised Wall Street on Tuesday with a rebound in user growth for its Snapchat messaging app, showing resilience amid competition with Facebook’s Instagram and sending shares up nearly 30 percent. Paired with higher-than-expected revenue and improved margins, the user growth signaled loss-making Snap could be turning a corner as it grapples with […]
Salesforce Salesforce shared updated revenue projections with a select group of analysts on Thursday. The company aims to have $ 40 billion in revenues by 2028, and $ 60 billion in revenues by 2034, according to a slide presented by chief technology officer and co-founder Parker Harris. Salesforce asked one analyst to take down a photo […]
PRESS RELEASE: Company poised to capitalize on growing market demand for computer vision-driven technology solutions SANTA MONICA, Calif.–(BUSINESS WIRE)–December 21, 2017– GumGum, an artificial intelligence company with deep expertise in computer vision, will end the year with record revenues, surpassing $ 100 million, representing 53% year over year growth and a 99.4% CAGR for six […]
Snapchat’s parent company has announced that it’s opening its Snap Accelerate program to startups across Europe, the Middle East, and Africa. The news comes almost three months after the Californian company debuted the program for startups in the U.S. The core raison d’être of Snap Accelerate is to help initiate startups into the world of Snapchat […]
Delta Delays Date of Its Last 747 Revenue Flight Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not […]
Detroit auto makers reported mixed sales results for November, with GM and Fiat Chrysler reporting declines while Ford gained ground amid strong demand for pickup trucks and SUVs. WSJ.com: What’s News US
Loot box fiascos and downvotes aside, multiplayer games are selling well. Digital video game spending was 15 percent up year-over-year in October, according to industry analyst SuperData Research. Sales on PC, consoles, and mobile totaled $ 8.5 billion, as compared to $ 7.4 billion in October 2016. This is thanks to the success of multiplayer games […]
As was pretty clear from Snap’s earnings report Tuesday — just its third since going public in March — the teen chat app maker has a lot to work on. Its revenue isn’t growing as quickly as expected, the number of people using its Snapchat app is barely growing, and even company CEO Evan Spiegel thinks the […]
