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Saturday, March 6, 2021

earnings news

Netgear’s Stock Falls 6 Percent Despite Earnings Report

Wireless hardware developer Netgear saw a 6% loss in share value Wednesday evening after revenue reports showed gains for their fourth quarter earnings. Their stock...

Zoom Posts Massive Earnings as Stock Price Spikes

Video call company Zoom has reported fourth-quarter income gains of $260.4 million as stock prices surge 7.81% in premarket trades.Revenue for 2020 is up...

Spotify Posts Fourth Quarter 2020 Results

Spotify gained 155 million paid subscribers in Q4 but its revenue fell 8% to $5.13 per user. "Monthly active users reached 345 million coming in...

Sony Pictures Posts $212 Million Quarterly Profit for 2020 Q3

Sony Pictures Entertainment has recorded a $212 Million profit in the third quarter of the Fiscal Year 2020 despite the ongoing COVID-19 pandemic. Sony Pictures'...

Exxon Posts $22B Loss Due to COVID

Oil and natural gas titan Exxon posts a fourth consecutive quarterly loss on Tuesday, marking the worst year for the company in over 40...

Jeff Bezos Sells $3 Billion Worth of Amazon Stock

Amazon founder and CEO Jeff Bezos has sold more than $3 billion worth of shares that he owns in his company within this week,...

Nintendo Profits Jump 200 Percent

Kyoto-based Nintendo announced on Thursday morning that operating profit for the first half of this fiscal year, which ended in September, soared 209 percent...

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