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Zoom Video Investors Cheer Q4 Results, Analysts Stay Conservative
Thursday, March 5, 2020 - 12:11pm | 602Zoom Video Communications, Inc. (NASDAQ: ZM) reported fourth-quarter results highlighted by an earnings and revenue beat. Zoom Video Creported quarterly earnings of 15 cents per share, which beat the analyst consensus estimate of 7 cents. The company reported quarterly sales of $188.3 million,...
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Video Streaming App YY Reports Huge Growth
Tuesday, November 12, 2019 - 11:45pm | 276China-based video streaming platform YY Inc (NASDAQ: YY) announced its third-quarter earnings after the markets closed on Tuesday. What Happened The social media company said it made $979.3 million in net revenues in the quarter that ended on Sept. 30. This is a 67.8% increase on a year-on-year...
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The Street Mostly Agrees: Zoom Media Crushed Q2, But Some Have Valuation Concerns
Friday, September 6, 2019 - 12:48pm | 732The video-first, unified communications platform company Zoom Video Communications Inc (NASDAQ: ZM) reported second-quarter results Thursday that were highlighted by revenue that nearly doubled year-over-year and a surprise profit. Here's how the Street reacted. JMP: Much To...
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Matt Maley Gives His Take On Companies Beating Earnings Expectations
Tuesday, April 23, 2019 - 10:39am | 47Watch Matt Maley, Equity Strategist at Miller Tabak, talk earnings season on Morning Trade Live with Oliver Renick. Image sourced from Pixabay
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Loop Capital: Cable, Video Segments Are 2 Reasons To Like Harmonic
Friday, September 21, 2018 - 11:08am | 472The bullish case for video delivery tech company Harmonic Inc (NASDAQ: HLIT) is based on expectations for growth in its two business segments, according to Loop Capital Markets. The Analyst Analyst James Kisner initiated coverage of Harmonic with a Buy rating and $8.25 price target. The Thesis...
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Jefferies Finds Multiple Reasons To Turn Bullish On Discovery
Tuesday, August 21, 2018 - 1:06pm | 346The bullish case for Discovery Communications Inc. (NASDAQ: DISCA) can be made for multiple reasons that are being overlooked by the Street, according to Jefferies. The Analyst Jefferies' John Janedis upgraded Discovery from Hold to Buy with a price target lifted from $26 to $34. The Thesis The...
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Facebook's Stock Has Another 25% Upside Despite Some Problems Ahead, Analyst Says
Thursday, July 27, 2017 - 12:11pm | 343The path forward for Facebook Inc (NASDAQ: FB) remains favorable, but there will be some bumps in the road, James Cakmak, an analyst with Monness, Crespi, Hardt, explained as a guest on CNBC's "Squawk Box." First, Facebook could be operating in an environment of "peak margins" as video become an...
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After Much Anticipation, GoPro Publicly Files IPO Prospectus
Tuesday, May 20, 2014 - 3:24pm | 471San Mateo, California-based camera maker GoPro filed its public prospectus to go public on the Nasdaq Stock Market on Monday. The company makes wearable cameras that have become immensely popular with extreme sports enthusiasts, including surfers, skiers and rock climbers. In addition, the...
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More People Are Cutting The Cord On Cable
Monday, April 21, 2014 - 4:47pm | 781Cable television is losing steam to Internet streaming services. A new report from Experian Marketing Services says there is a growing number of people who have high-speed Internet, but no cable or satellite television subscription. These “cord-cutters” have jumped in number from 5....
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Some of 2013's Best Performing Stocks Look Good for 2014
Tuesday, January 21, 2014 - 4:25pm | 641We're charging ahead in the new year -- but let's not forget how the down European market and political uncertainty in the United States caused a considerable amount of hesitancy, if not downright fear, on Wall Street in 2013. Performance was erratic for much of last year, with the market...
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Katie Couric's Jump to the Internet: A Game-Changer for Content Producers?
Monday, November 25, 2013 - 2:20pm | 593Word of Katie Couric's jump from television to online has the entertainment and digital industries abuzz with speculation. Does her hiring as a "Global Anchor" on Yahoo (NASDAQ: YHOO) signal the latest seismic shift in how consumers are getting their video content, or is it just a way for the...