5 million, or 14 cents a share, compared with $1.3 million, or 4 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation and taxes-related charges, earnings were 14 cents a share, compared with 47 cents a share in the year-ago quarter. Revenue fell to $51.1 million from $70.6 million in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 4 cents a share on revenue of $50.9 million.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tech stocks take a beating after hours on disappointing earnings reportsBox, HP, Square, Fitbit and Elastic are among the technology companies that declined after reporting earnings on Wednesday. Including Cisco ?
Source: CNBC - 🏆 12. / 72 Read more »
Square stock falls after mixed outlook overshadows earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »
J.C. Penney's stock soars after earnings, revenue beats, to close more stores in 2019
Source: MarketWatch - 🏆 3. / 97 Read more »
Target's stock surges after earnings and sales beat expectations, amid traffic and digital strength
Source: MarketWatch - 🏆 3. / 97 Read more »
Salesforce stock falls after earnings and revenue beat
Source: MarketWatch - 🏆 3. / 97 Read more »
Zscaler, Splunk stocks eye new records after earnings beats, analyst price hikes
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks slip as investors monitor US-China trade talks, Target rises on earningsStocks were little changed at the open as investors weighed ongoing trade negotiations between China and the U.S. along with strong earnings from Target. Stocks closed about where they started after a lot of ups and downs throughout the day. The Dow went positive 4 different times, but couldn't quite close there, and ended up 0.05% down.
Source: CNBC - 🏆 12. / 72 Read more »
Palo Alto Networks jumps on earnings beatPalo Alto Networks shares rose after the company issued results from its fiscal second quarter that surpassed analysts' expectations.
Source: CNBC - 🏆 12. / 72 Read more »
Rio Tinto posts best underlying earnings since 2014, beats estimatesRio Tinto on Wednesday reported its highest annual underlying earnings since 201... Fucking up the planet is profitable.
Source: Reuters - 🏆 2. / 97 Read more »
Best Buy shares soar 11% on earnings beatBest Buy shares surged on Wednesday after the company reported earnings and sales for the holiday quarter that topped analysts' expectations. YOY sales up a mind boggling 3% surely cause to celebrate and pop the champagne corks permabulls But they closed my neighborhood store so I’m not celebrating. tonydlaw consumer
Source: CNBC - 🏆 12. / 72 Read more »