by Kosaku Narioka Net Profit Forecast Seven & i Holdings is expected to report a 28% drop in net profit to 50.91 billion yen ($342.3 million) for the quarter ended Aug. 31, according to a poll of analysts by FactSet. This is a decrease from the 71.05 billion yen reported in the year-earlier period. Revenue Forecast Second-quarter revenue is estimated to have fallen 9.4% … [Read more...] about Seven & i Holdings to Report Q2 Results
Q2 Results
Dell Technologies Posts Better-Than-Expected Q2 Results
Dell Technologies had an impressive second quarter, exceeding expectations in both its PC and enterprise infrastructure businesses. This positive news aligns with a wave of encouraging earnings reports from various technology sector companies, such as Salesforce.com, Okta, CrowdStrike, Ciena, and Hewlett Packard Enterprise. Notably, Dell's performance stands in stark contrast … [Read more...] about Dell Technologies Posts Better-Than-Expected Q2 Results
Zoom Exceeds Expectations with Strong Q2 Results
Zoom Video Communications Inc.'s stock surged in extended trading on Monday after the company surpassed expectations with its financial results and forecasts. Impressive Q2 Performance In the fiscal second quarter, Zoom reported a net income of $182 million, or 59 cents per share, on revenue of $1.14 billion. This marked substantial growth compared to the previous year's … [Read more...] about Zoom Exceeds Expectations with Strong Q2 Results
Meituan’s Second-Quarter Results
Net Profit: Meituan, the Chinese company, is expected to report a net profit of 3.35 billion Chinese yuan ($459.3 million) for the quarter ending June 30th. This is a significant improvement from a net loss of CNY1.12 billion during the same period last year. Revenue: Analysts estimate that Meituan's second-quarter revenue has increased by 31% compared to the previous year, … [Read more...] about Meituan’s Second-Quarter Results
Yelp Reports Better-Than-Expected Q2 Results
Yelp, the popular online review platform, recently announced its financial results for the second quarter. The company's revenue reached $337 million, marking a 13% increase from the previous year and surpassing analysts' expectations of $325 million. Adjusted Ebitda also performed exceptionally well, reaching $84 million, a 25% growth from last year and surpassing the … [Read more...] about Yelp Reports Better-Than-Expected Q2 Results
