Tag Archives: Revenue

Reddit revenue soars as it bets on AI and advertising

Reddit revenue soars as it bets on AI and advertising

Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s …

Read More »

Paramount+ Revenue Up 23% in 2nd Quarter Despite Losing 1.3 Million Subscribers

Paramount+ Revenue Up 23% in 2nd Quarter Despite Losing 1.3 Million Subscribers

Ahead of Paramount closing its $8 billion merger with Skydance on Aug. 7, the company reported a solid quarter. Revenue increased 1% year-over-year while profits came in at $57 million. “Many on this call understand the enormous importance of this business to my family and to me,” Shari Redstone, non-executive chair of Paramount’s board of directors, said during Thursday’s earnings …

Read More »

Paramount+ Loses 1.3 Million Quarterly Subs; Ups Revenue, Operating Profit

Paramount+ Loses 1.3 Million Quarterly Subs; Ups Revenue, Operating Profit

Erik Gruenwedel July 31, 2025 Paramount+ July 31 disclosed an increase in operating income and revenue despite losing 1.3 million subscribers in the second quarter ended July 31. The subscription streaming VOD platform ended the fiscal period with 77.7 million subscribers, down from 79 million through the end of March. Paramount attributed the decline to the end of an international …

Read More »

Reddit Stock Jumps 15% as Earnings Beat Estimates and Revenue Soars – Barron's

Reddit Stock Jumps 15% as Earnings Beat Estimates and Revenue Soars  Barron’s Reddit shares jump as much as 20% on second-quarter sales and guidance beat  CNBC Reddit Stock Surges Higher on Strong Advertising Projections  Bloomberg.com Reddit forecasts strong revenue on AI-driven ad strength, shares surge  Reuters Reddit set to report Q2 earnings as Wall Street scrutinizes daily active user growth  Yahoo Finance Source link

Read More »

Apple revenue forecast beats estimates as iPhone sales soar – Reuters

Apple revenue forecast beats estimates as iPhone sales soar  Reuters Apple reports biggest revenue growth since December 2021  CNBC Apple CEO Tim Cook Applauds ‘F1’ & ‘Severance’ As Tech Giant Posts Solid Quarter  Deadline Apple reports third quarter results  Apple Apple crushes Wall Street expectations as iPhone sales soar  NBC News Source link

Read More »

Apple Revenue Tops Estimates on Strength of iPhone, China Market (AAPL) – Bloomberg.com

Apple Revenue Tops Estimates on Strength of iPhone, China Market (AAPL)  Bloomberg.com Apple reports biggest revenue growth since December 2021  CNBC Apple’s third-quarter earnings surpass Wall Street estimates  Quartz Apple’s stock is rising after a huge revenue beat. Did tariffs help?  MarketWatch Apple beats Q3 expectations on strong iPhone sales  Yahoo Finance Source link

Read More »

Coinbase quarterly profit jumps on subscription revenue boost

Coinbase quarterly profit jumps on subscription revenue boost

(Reuters) -Coinbase Global reported a sharp rise in second-quarter profit on Thursday, as gains in its subscription and services business offset a dip in trading revenue. Retail trading volumes remained sluggish in the second quarter as investor appetite remained muted amid regulatory and market uncertainty, despite a rebound in crypto prices. A bullish crypto market also prompted many retail investors …

Read More »

Xbox up 13% in content and services revenue for Q4 2025

Xbox up 13% in content and services revenue for Q4 2025

Microsoft’s Q4 financials are out, and Xbox improved 13% year over year in the ever-important content and services revenue. Xbox Financials & Game Pass 5 Billion The financials for Microsoft have hit, and the first bit of news for Xbox fans is that the division is up 13% in content and services revenue. According to Microsoft’s slides: Gaming Revenue grew …

Read More »

Robinhood ‘hulk smashes’ Q2 earnings as push to diversify revenue pays off

Robinhood ‘hulk smashes’ Q2 earnings as push to diversify revenue pays off

The online brokerage Robinhood soared past analysts’ expectations Wednesday when it posted strong financials for the second quarter. It reported a 7% quarter-over-quarter increase in revenue to $989 million, beating the FactSet consensus of almost $915 million. And it reported earnings per share of 42 cents, a beat of analysts’ consensus of 31 cents.  The fintech “hulk smashe[d]” its earnings, …

Read More »

SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million – Business Wire

SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million  Business Wire SoFi Stock Is Rising on Blockbuster Earnings. CEO Sees ‘Strong Demand.’  Barron’s BlackRock-backed firm records shocking revenue growth  Yahoo Finance SoFi Stock Pops on Outlook Raise as Members Keep Piling In  The Wall Street Journal SoFi’s stock soars …

Read More »