Earnings

Oracle’s shares surged by 9% in after-hours trading following the release of their fiscal first-quarter results, which surpassed Wall Street expectations. The company reported an adjusted earnings per share of $1.39, outperforming the expected $1.32, and recorded revenue of $13.31 billion, exceeding the projected $13.23 billion. Oracle experienced an 8% increase in revenue from $12.45
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Broadcom recently disclosed its fiscal third-quarter results, surpassing the revenue and earnings projections set by Wall Street analysts. However, despite this positive outcome, the company’s shares dropped by 7% in the after-hours trading session due to guidance aligning with expectations. In comparison with the LSEG consensus estimates for the quarter ending Aug. 4, Broadcom reported
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CrowdStrike, a cybersecurity software maker, recently reported strong fiscal second-quarter results that surpassed expectations. However, the company’s shares dipped 4% in extended trading following a global outage caused by a flawed content configuration update for its Falcon sensor. The incident led to widespread computer crashes, flight cancelations, delayed deliveries, and postponed medical appointments. Despite the
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The halt in Gap shares on Thursday morning stemmed from the premature release of the company’s quarterly earnings results. The incident occurred when a presentation containing the financial outcomes was briefly made available on Gap’s website, causing the stock to be temporarily halted from trading. This unexpected turn of events raised concerns among investors and
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MongoDB’s shares skyrocketed by 16% in after-hours trading following the release of their fiscal second-quarter earnings report. The company exceeded expectations with adjusted earnings per share at 70 cents compared to the anticipated 49 cents. Additionally, revenue came in at $478.1 million, surpassing the projected $464.1 million. CEO Dev Ittycheria expressed confidence in MongoDB’s future
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