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Revenue
Tag: Revenue
Tech
Jakarta-based GoTo Group reports Q1 gross revenue up 53% YoY to ~$357M and a ~$370M adjusted loss, up from ~$130M YoY, after raising $1.1B in its March 2022 IPO (Bloomberg)
Mr.Mario
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May 31, 2022
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Tech
Dell reports Q1 revenue up 16% YoY to $26.1B, vs. $25B est., commercial PC revenue up 22% YoY to $12B, and net income up 62% YoY to $1.07B; stock jumps 5%+ (Brody Ford/Bloomberg)
Mr.Mario
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May 27, 2022
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Tech
Alibaba Beats Revenue Estimates Amid COVID-19 Lockdown in China
Mr.Mario
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May 27, 2022
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Tech
Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 (Benjamin Mullin/New York Times)
Mr.Mario
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May 27, 2022
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Tech
Lenovo Q4 profit beats estimates, at $412M, up 58% YoY, on revenue of $16.7B, up 6.8% YoY; Counterpoint: Lenovo led global PC market in Q1 with 23% marketshare (Josh Ye/Reuters)
Mr.Mario
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May 26, 2022
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Tech
Kuaishou reports Q1 revenue up 24% YoY to ~$3.2B, vs. ~$3.1B est., a ~$939M net loss, down 89% YoY from ~$8.7B, and 346M DAUs, up 17% YoY from 295M (Tracy Qu/South China Morning Post)
Mr.Mario
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May 25, 2022
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Tech
Zoom reports Q1 revenue of $1.07B, up 12% YoY, vs. $1.07B est., ~199K Enterprise customers, up 24% YoY, and raises forecasted Q2 and full fiscal year earnings (CNBC)
Mr.Mario
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May 24, 2022
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Tech
TikTok plans to roll out Live subscriptions, to let creators generate recurring revenue via payments from their top fans, in beta on May 26 with select creators (Sarah Perez/TechCrunch)
Mr.Mario
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May 24, 2022
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Tech
Snap CEO tells employees the company will miss revenue and earnings estimates as its growth weakens, and it plans to slow hiring; stock drops 17%+ after hours (CNBC)
Mr.Mario
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May 24, 2022
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Tech
Denver-based Velocity Global, which develops HR software for distributed workforces, raises a $400M Series B, and says it generated $125M in revenue last year (Kamaron Leach/Bloomberg)
Mr.Mario
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May 23, 2022
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