Josh Ye / Reuters:
Lenovo reports Q2 revenue down 4% YoY to $17.09B, above estimates, the first decline in 10 quarters as pandemic-fueled global PC demand weakens — China’s Lenovo Group (0992.HK) reported its first revenue decline in 10 quarters as a pandemic-fuelled computer sales boom comes to an end …
Debby Wu / Bloomberg:
TSMC reports Q3 revenue rose 48% YoY to ~$19.4B, beating ~$19B estimates, as Micron, Kioxia, Samsung, and others report faltering sales and weakening demand — Taiwan Semiconductor Manufacturing Co. reported higher-than-expected quarterly revenue, signaling the chip giant is benefiting …
Jackie Davalos / Bloomberg:
Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates, as gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats — Uber Technologies Inc. reported revenue that beat analysts’ expectations, fueled by a recovery in driver supply that supported increased ridership …
Jon Swartz / MarketWatch:
Alphabet reports Q3 advertising sales of $54.5B, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
Alphabet:
Alphabet Q3: revenue of $69.09B, down from $65.1B YoY, net income of $13.9B, down from $18.9B YoY, headcount of 186,779, up from 150,028 YoY; stock drops 5%+ — MOUNTAIN VIEW, Calif. – October 25, 2022 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2022.
Nivedita Balu / Reuters:
Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew 11% YoY to $46.2B; shares jump 7%+ — Shopify Inc (SHOP.TO) beat Wall Street estimates for quarterly revenue on Thursday, as businesses stuck to the Canadian online services provider’s tools and payment options to scale up.
Yuvraj Malik / Reuters:
Mobileye reports Q3 revenue up 38% YoY to $450M, beating $447M estimates, and a $45M net loss, up from $26M YoY, in its first post-IPO earnings — Mobileye Global Inc (MBLY.O) beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp …
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