EBay late Wednesday reported Q3 earnings that handily beat Wall Street expectations, presenting its first quarterly financial report since it split off PayPal into a separate company. Excluding PayPal (PYPL), eBay (EBAY) posted earnings per share minus items from continuing operations of 43 cents, down 6% from the year-earlier period but 3 cents better than the consensus estimate, as polled by Thomson Reuters. The e-commerce giant reported revenue
ServiceNow (NOW) soundly beat earnings estimates in its third-quarter report Wednesday afternoon, but concerns over revenue projections sent the business-software maker’s shares reeling in after-hours trading. ServiceNow reported a GAAP loss of $41 million but said adjusted earnings were 15 cents a share, quintupling the 3 cents a share reported a year ago and nearly double the 8-cent EPS forecast from analysts polled by Thomson Reuters.
Manhattan Associates surprised Wall Street with better-than-expected third-quarter earnings and revenue, and predicted a strong finish to the year with a raised full-year earnings forecast. The business software maker said that its adjusted net income for the period ending Sept. 30 grew 31% from a year earlier to 42 cents a share, while revenue climbed 13% to $142.3 million. The firm came in ahead of a 36-cent EPS forecast from analysts polled by