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CFOs Vow to Boost Tech Influence in 2023
Greater vigilance in overseeing technology strategy shapes up as a key priority for the coming year.
By
David McCann
| February 6, 2023
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Technology
Facebook Shares Drop 7% Despite Earnings Beat
A fourth straight quarter of revenue growth below 30% and a 34% jump in expenses may have weighed on investors.
By
Matthew Heller
| January 30, 2020
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Financial Performance
Spotify Shares Gain 14% on Surprise Q3 Profit
The quarter also beat the company's expectations for subscriber growth, gross margins and operating profit.
By
Matthew Heller
| October 28, 2019
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Financial Performance
Pinterest Shares Dive on First Public Report
Pinterest's adjusted loss was three times worse than expected, taking some of the steam out of the stock's post-IPO surge.
By
Matthew Heller
| May 17, 2019
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Financial Performance
Twitter Shares Jump 15% on Monthly User Surge
“Twitter is on a path to sustainable revenue growth and accelerated profit expansion," one analyst says.
By
Matthew Heller
| April 23, 2019
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Financial Performance
Facebook Shares Dive on Revenue Weakness
“We expect our revenue growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” CFO David Wehner says.
By
Matthew Heller
| July 26, 2018
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IPOs
Opera Files for IPO to Boost AI-Powered Apps
The Norway-based browser provider is seeking to “deliver more personalized content discovery” through artificial intelligence technologies.
By
Matthew Heller
| July 5, 2018
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Technology
Twitter Posts Second Straight Quarterly Profit
"The monetization and ad growth machine at Twitter is finally heading in the right direction," one analyst says of the Q1 results.
By
Matthew Heller
| April 26, 2018
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Social Media
Twitter Moves Into the Black With $91M Profit
The fourth quarter "was a breath of fresh air for investors that have patiently awaited for this turnaround story to manifest after years of pain."
By
Matthew Heller
| February 9, 2018
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Financial Performance
Twitter May Be Headed for First Profit in Q4
The company's shares jump more than 18% as Q3 earnings top estimates and it forecasts "we will likely be GAAP profitable" in the next quarter.
By
Matthew Heller
| October 26, 2017
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Social Media
Twitter Shares Dive on Static Monthly Usage
The social media site added no monthly users in Q2, dashing the hopes of investors after a growth surge earlier in the year.
By
Matthew Heller
| July 27, 2017
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Technology
Facebook’s Posts Better-Than-Expected Q4 Earnings
Advertising revenue in the fourth quarter rose 57%, to $5.64 billion, beating analysts' average expectation of $5.15 billion.
By
Katie Kuehner-Hebert
| January 28, 2016
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