AppFolio boosted its fourth-quarter revenue and profits as the company continued investing in artificial intelligence for its property management software-as-a-service. Appfolio posted a profit of $102.7 million, or $2.79 a share, compared with $30.27 million, or 83 cents in the same quarter a year ago.
Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted first-quarter earnings of $2.40 a share on revenue of $124.3 billion. Analysts surveyed by FactSet were expecting earnings of $2.
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
We continue to believe that Microsoft remains uniquely positioned to monetize the vast new AI opportunity across applications,” writes BofA Securities analyst Brad Sills.
EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line beats to eight quarters.
FactSet Research Systems Inc., together with its subsidiaries, operates as a financial digital platform and enterprise solutions provider for the investment community worldwide. The company ...
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall revenue rose 12% to $69.
Lockheed Martin, RTX lead defense earnings on Tuesday. General Dynamics, Northrop Grumman, L3Harris reported results this week.
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
Celestica (NYSE: CLS) is an electronics manufacturing services (EMS) company. It also specializes in data centers and AI infrastructure. The stock has been one of the most stellar names on the stock market and delivered 1,300%+ gains since the end of September 2022 to its peak in late January 2025.
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.