All Stories Tagged: Financial

The company anticipates lower revenue, below previous expectations of $13.9 billion.

Microsoft's Q2 2023 earnings results teased that Game Pass did well, but CEO Satya Nadella claimed it saw all-time highs in subscription in the previous quarter.

Cloud revenue hit $27.1 billion in Q2 2023, up 22 percent year-over-year and 29 percent in constant currency.

Microsoft is experiencing slow growth, but is hopeful Microsoft Cloud can carry it into the future.

The earnings results reflect Netflix missing previous EPS estimates, though revenue was shown slightly above the company's beginning-of-quarter projections.

Reed Hastings is moving from Co-CEO to Chairman of the Board at Netflix as the company reports its Q4 2022 financial results.

The company saw 7.7 million subscribers in Q4 2022, higher than Netflix's forecasted total of 4.5 million.

Bookings and daily active users were both up in December according to Roblox's most recent earnings report.

The two companies are being accused by the SEC of selling unregistered securities through their Earn partnership.

The company has reportedly been utilizing "automation technology" to help write up some of its financial articles.