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Posts Tagged ‘Netflix’

Roku Collapses Despite Beating on Revenue and Earnings in Q3

Shares of streaming device maker Roku were tanking following the company’s third quarter financial report despite beating on both the top and bottom line. The stock had one of its worst trading days on record. For the third quarter, Roku reported a loss per share of 9 cents while analysts were waiting for a loss…

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Disney Announces Earnings and Names its New Streaming Service

Disney reported its fourth quarter financial report that beat what analysts were expecting. For the quarter the company reported earnings per share of $1.48 versus the $1.34 expected by Wall Street. Revenue also beat easily at $14.31 billion compared to the $13.73 billion expected. Analysts chimed in on what they thought of the company’s earnings…

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Google Says It has Fired 48 Employees for Sexual Misconduct

In light of a recent New York Times story that said Google had protected several executives including Android creator Andy Rubin, from sexual misconduct allegations, the company’s CEO has sent an e-mail to employees in response. The email from CEO Sundar Pichai and Eileen Naughton, Google’s vice president of people operations, was obtained by CNBC…

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Netflix Issues Impressive Guidance and Stellar Q3 Financial Results

Netflix reported third quarter financial results that thrilled Wall Street. The e-streaming giant beat on earnings and came inline on revenues. For the quarter, earnings per share at 89 cents was higher than the 68 cents that was expected by a Refinitiv consensus estimate. Net income soared to $402.8 million, or 89 cents per share,…

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