Square (SQ) Brags About Gross Profit But Delivered a GAAP Loss Last Quarter
Block (SQ) managment was bragging about its Gross Profits in last quarter’s earnings call. Meanwhile, the company lost money.
Block (SQ) managment was bragging about its Gross Profits in last quarter’s earnings call. Meanwhile, the company lost money.
Shopify (SHOP) is cutting expenses and getting rid of that expensive logistics idea. But the stock’s P/E of 218 is still very high.
AMD (AMD) is seeing strong demand from big Dacacenter customers, with weakness in PCs and big Enterprise customers.
A poor economy is causing MongoDB’s (MDB) customers to slow consumption rates on its software, which is priced on usage.
Software company GitLab (GTLB) is having trouble getting deals signed and that’s causing revenue growth to slow, and the stock to fall.
ZoomInfo’s (ZI) customers are laying off sales staff as they cut spending, so there may be less demand for ZI’s marketing software.
Salesforce (CRM) delivered an amazing quarter that sent the shares higher. But we are still in a weak environment for software.
First Solar (FSLR) stock looks like a future market leader as profits are expected to zoom higher. But legislation may curb demand.
Bill.com (BILL) just delivered a blowout quarter in terms of profits. But management lowered revenue estimates, and the stock fell.
Datadog (DDOG) just lowered its revenue and profit outlook as companies try to cut back on IT spending in a tough economy.
Amazon (AMZN) contininues to “deliver” some putrid results. All its operating segments had slowing revenue growth last quarter.
Meta Platforms (META) reported some interesting numbers last qtr, including number of ads up 23% and price per ad down 22%.