Tag Archives: tech special report

Tesla Stock Up As Q3 Report Lifts Sales, Drags Views

Tesla Motors jumped more than 10% in after-hours trading Tuesday, though its third-quarter report after the closing bell showed a loss deeper than analysts expected, its deepest since 2012. The electric-car maker guided deliveries for the year to the low end of its prior range. It also made two hires — a new CFO from Google owner Alphabet (GOOGL), and a new head of global sales and service. Tesla (TSLA) reported revenue of $1.24 billion in Q3, up

Fitbit Q3 Earnings Shine, But Stock Falls On Offering

Fitbit late Monday bested Wall Street’s Q3 targets and guided higher for the holiday sales quarter. But the maker of wearable fitness devices announced a secondary stock offering that spooked investors in after-hours trading. The San Francisco-based company filed to sell 7 million shares, while existing shareholders will sell another 14 million shares. The selling stockholders also granted the underwriters an option to purchase an

LinkedIn Eases Concerns With Strong Q3 Earnings

As it digests a major acquisition and undergoes a workforce rebalancing, LinkedIn reported better-than-expected third-quarter earnings after the market close Thursday. The networking site for professionals also raised fourth-quarter guidance, sending its stock higher in after-hours trading. LinkedIn (LNKD) reported revenue of $780 million, topping the consensus estimate of $755.8 million and up 37% from the year-earlier quarter.