Tag: earnings
SoftBank’s Q1 2020 earnings presentation mixes comedy and drama
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into SoftBank’s latest earnings slides. Not only do they contain a wealth of updates and other useful information, but some of them are gosh-darn-freaking hilarious. We all…
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PlayStation 4 sales pass 110 million
Sony’s massively-popular PlayStation 4 has smashed another sales milestone. In its latest financial earnings, the company revealed that 1.5 million consoles — a figure that covers all configurations, including the PlayStation 4 Pro — in the three-mon… Source
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Why Uber and Lyft rallied last week
Heading into earnings season, you might have expected Uber and Lyft to suffer. After all, global travel slowed toward the end of Q1, so how could these companies have done well? Continuing the same line of thinking, given that they are both unprofitable and are valued more on growth than…
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Uber pushes adjusted quarterly profit target to 2021
Uber has pushed its target to achieve a measure of profitability to a quarter in 2021, reversing a decision made just three months ago to move up the goal to the end of this year. Uber will miss its target to reach an adjusted EBITDA quarterly profit in the fourth…
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SaaS stocks defy gravity amid pandemic, record job losses
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This week shares of SaaS and cloud companies reached new record highs as investors bid their equities higher following an earnings cycle that came in better than some expected. SaaS…
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Dropbox was profitable for the first time since going public
While many companies struggle through the pandemic, Dropbox seems to be doing well. In its first quarter, it brought in $455 million, an increase of 18 percent compared to the same period last year. According to Bloomberg, last quarter was the first… Source
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