First quarter revenue totaled $290.2 million, representing an increase of 37% year-over-year
Delivered GAAP loss from operations of $47.3 million, or 16% of total revenue, and non-GAAP income from operations of $19.4 million, or 7% of total revenue
Achieved operating cash flow of $36.4 million, or 13% of total revenue, and free cash flow of $13.9 million, or 5% of total revenue
SAN FRANCISCO--(BUSINESS W
https://www.cnbc.com/2023/04/27/intel-intc-earnings-report-q1-2023.html
Intel reported first-quarter results on Wednesday that showed a staggering 133% annual reduction in earnings per share.
Still, the loss per share was slightly better than soft Wall Street expectations, and the stock rose in extended trading.
https://www.cnbc.com/2023/04/27/gdp-q1-2023-.html
Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation took hold of an economy largely expected to decelerate even further ahead.
Gross domestic product, a measure of all goods and services produced for the period, rose at a 1.1% annualized pace in the first quarter, the
Amazon shares rose as much as 10% in extended trading on Thursday after the e-retailer reported first-quarter revenue that topped analysts’ estimates.
Earnings: 31 cents per share Revenue: $127.4 billion vs $124.5 billion expected, according to analysts surveyed by Refinitiv It is not immediately clear if the reported earnings are comparable to the Refinitiv analyst estimate of 21 cents per share.
For the second quarter, Amazon said revenue will be
South Korean electronics giant Samsung’s operating profit plunged in the first quarter as prices for its memory chips continued to fall and demand remained weak.
Here are Samsung’s earnings at a glance in the first quarter:
Revenue: 63.75 trillion Korean won (about $47.6 billion), down 18% year-on-year. That is on par with
This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post.
Some helpful da
I’ve found that in this market, that using the Gordon Growth Model has created alpha in my portfolio. Dividends are motivating market movers.
I picked up some shares of $C - Citigroup at around $44 in late December, my model had a valuation of $54 per share. I was up 20% prior to SVB, which is $53. It fell back to $44 before bouncing. I’m currently up 5%.
Now I’m not comfortable buying at $54, as risk premiums for banks are up, and the market equit
They already have a bunch of debt from their Main Event acquisition. I don’t understand why they would want to add up to 300 million more debt on top of that for a stock acquisition. We have a possible recession coming here in the next 6 months why would they want to add more debt in face of that?
My only guess is that they don’t see themselves surviving a recession either way so they might as well buy up stock when it’s low?
Wondering how investors handle their longer term held stocks. Do you sell occasionally and take profits if you feel the market is going to take a downturn or do you just hold through the waves. I have a lot of aapl and several other stocks and I’m thinking of selling a few hundred of each and re-purchasing during a dip.
I own appl at $70 (I sell CCs and puts to reduce my cost basis). When aapl has dipped to $120-$130 I tell myself I should have sold at $
I just started learning about shares and trading about 2 weeks ago. Was wondering if the following is correct.
What is a share?
First we need to understand what equity is. Equity is the amount of money that a company(or any owner of an asset) would have after selling the company(or asset).
Share Capital(or Capital Stock) is the portion of the equity of a company that is made up by dividing this portion of equity into many pieces and puttin