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Roku Q3 Earnings: Streaming Platform Posts Revenue Beat, Stock Hammered On Outlook, Weak Advertising Comments
Wednesday, November 2, 2022 - 4:35pm | 625Streaming platform company Roku Inc (NASDAQ: ROKU) reported third-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Roku reported third-quarter revenue of $761.4 million, up 12% year-over-year. The total beat a Street estimate of $702.3 million...
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10 Surprises From Netflix's Earnings Report: Advertising Plan, No More Sub Guidance, Movie Theater Strategy And More
Friday, October 21, 2022 - 6:15am | 669Streaming giant Netflix Inc (NASDAQ: NFLX) reported quarterly results this week that saw the company beat Street estimates. An analyst shared 10 surprises from the earnings report. The Netflix Analyst: Needham analyst Laura Martin has a Hold rating on Netflix and no price target. The Analyst...
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Snap Inc Posts Q3 Revenue, EPS Beat, Announces Share Buyback, But The Stock Is Plunging For This Reason
Thursday, October 20, 2022 - 4:40pm | 535Social networking and camera company Snap Inc (NYSE: SNAP) reported third-quarter financial results after market close Thursday. Here are the key highlights. What Happened: One of the companies that was highlighted as an earnings report to watch for the week, Snap reported after the bell...
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Think Super Bowl Ads Are Expensive? Try Netflix As Ad-Supported Tier Aims To Launch Ahead of Disney+
Friday, September 2, 2022 - 12:17pm | 983Streaming giant Netflix Inc. (NASDAQ: NFLX) is set to launch its ad-supported plan later this year. Reports show the company charging a significant premium compared to other streaming platforms. The company intends to roll out the plan ahead of rival Disney+, which will roll out its own ad-...
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Can PubMatic Weather Macro Issues? Analysts Remain Bullish Citing Potential Growth Opportunities
Tuesday, August 9, 2022 - 11:58am | 568Here is what analysts are saying about digital advertising company PubMatic Inc. (NASDAQ: PUBM), which just reported second-quarter financial results, and beat consensus earnings per share and revenue estimates. The PUBM Analysts RBC Capital analyst Matthew Swanson has an Outperform rating and a...
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Did Ryan Reynolds Cause A 10% Jump In This Streaming Company's Stock?
Monday, August 8, 2022 - 1:53pm | 942A streaming company is seeing shares spike Monday and actor Ryan Reynolds might be the reason behind the move. Here are the details. What Happened: Ryan Reynold’s production company Maximum Effort announced a multi-year partnership with FuboTV Inc (NYSE: FUBO) Monday. The deal includes...
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Why Cathie Wood Is Still Buying Roku After Q2 Earnings Miss
Sunday, July 31, 2022 - 3:22pm | 505One of the favorite stocks of Cathie Wood and Ark Funds is Roku Inc (NASDAQ: ROKU). Here’s what Wood had to say this weekend about the streaming hardware and platform company. What Happened: Roku shares were down 23% on Friday after a second quarter earnings report that saw revenue and...
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Meta Platforms Misses On Q2 Earnings: User Numbers, Ad Impressions, Zuckerberg's Comments And More
Wednesday, July 27, 2022 - 4:39pm | 392Meta Platforms (NASDAQ: META) reported second-quarter financial results after market close Wednesday. Here are the key highlights for investors. What Happened: Meta Platforms reported second-quarter revenue of $28.82 billion, down 1% year-over-year. The total came in short of the $28.97 billion...
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Alphabet Q2 Earnings Highlights: Revenue Miss, EPS Miss, Search And Cloud Segments Show Growth
Tuesday, July 26, 2022 - 4:41pm | 360Leading technology company Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) reported second quarter financial results after market close Tuesday. Here are the key highlights for investors. What Happened: Alphabet reported second quarter revenue of $69.7 billion, up 13% year-over-year. The revenue total...
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AMC Takes Stake In National CineMedia: What Investors Need To Know
Wednesday, May 18, 2022 - 11:32am | 631A new filing from AMC Entertainment Holdings (NYSE: AMC) on Tuesday shows the company has a 6.8% ownership stake in National CineMedia (NASDAQ: NCMI) stock, or 5,954,646 shares. There’s more than meets the eye here, with several movie theater companies having a stake in the success...
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5 Snap Analysts Break Down Q1 Earnings: What's The Read-Through For Advertising?
Friday, April 22, 2022 - 3:22pm | 509Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close. Shares were extremely, volatile going from red to green sharply in the after-hours trading session. So where do analysts stand with the company after the latest report?...
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Programmatic Advertising Company AdTheorent Announces SPAC Deal; Palantir Investment In PIPE
Tuesday, July 27, 2021 - 11:03am | 469An advertising company that uses machine learning announced a SPAC merger to go public Tuesday morning. The SPAC Deal: AdTheorent announced it will go public with MCAP Acquisition Corporation (NASDAQ: MACQ). The deal values the company at an enterprise value of $775 million. An oversubscribed PIPE...
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Connected TV Ad Delivery Company Innovid Lands SPAC Deal: What Investors Should Know
Thursday, June 24, 2021 - 11:25am | 468The world’s largest independent ad delivery platform for connected television is going public in a SPAC deal announced Thursday. The SPAC Deal: Innovid, a portmanteau of innovation and video, is going public via SPAC merger with ION Acquisition Corp 2 (NYSE: IACB). Innovid's ...