Tag Archives: lead tech

Expedia Q3 Earnings Mixed, Stock Seesaws

Expedia late Thursday reported a mixed Q3, with sales slightly missing views and earnings slightly beating, in its first financial report since acquiring rival online travel agency Orbitz on Sept. 17. Expedia (EXPE) reported Q3 revenue of $1.94 billion, up 16% from $1.66 billion in the year-earlier quarter. Earnings per share ex items rose 6% to $2.07. The company said the results included 14 days of Orbitz financials. Analysts polled by Thomson

InvenSense Beats Apple Odds, Rockets On Q2 Earnings

InvenSense (INVN) stock rocketed Thursday on Wall Street after the Apple (AAPL) chip supplier reported fiscal Q2 earnings that beat forecasts and jumped 220% year over year. San Jose, Calif.-based InvenSense closed up 11% at 11.82. But InvenSense’s Q2 score didn’t drag other Apple chip suppliers out of the mire created by NXP Semiconductors (NXPI), which crashed 19.7% Thursday after missing Q3 revenue forecasts and guiding Q4 flat to down. Avago

Twitter User Growth Slows Again, Stock Falls

Twitter late Tuesday posted Q3 earnings and revenue that beat Wall Street views, but the microblog continued to see slowing user growth, and its Q4 sales guidance missed analyst estimates. Twitter (TWTR) said Q3 average monthly active users rose 11%, year over year, to 320 million. That’s up from 316 million users in Q2, but it reported year-over-year user growth of 15% in Q2 and 18% in Q1. The Q3 number lags the 323 million average monthly active