Stocks making the biggest moves midday: Uber, Micron, News Corp., Dropbox & more

— The online file storage and sharing service company's stock nosedived 12.9% after the company's second quarter results missed on two key metrics, which counteracted strong sales and earnings. The company reported deferred revenue of $517.3 million compared to the FactSet estimate of $527.7 million. Deferred revenue is a key metric for subscription-based services such as Dropbox. The company's billings for the quarter also disappointed investors, coming in at $410.4 million.

1% after the company reported adjusted quarterly earnings of 7 cents a share, beating estimates by 4 cents. The Wall Street Journal publisher's revenue missed forecasts, however, due to lower ad revenue and falling book sales in its publishing unit, as well as other factors. Earnings beat in the quarter due to cost cuts across the company and a higher contribution from News America Marketing than in the previous year.

Ok sir

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks making the biggest moves after hours: Lyft, Uber, Roku and moreSee which stocks are posting big moves after the bell on August 7.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stocks making the biggest moves after hours: Uber, Yelp, and FarfetchSee which stocks are posting big moves after the bell on August 8. Twitter will be next as the GOP cut off ad spending this afternoon. Can anyone say earnings shortfall?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Cannabis stocks sink with broader market as latest bad news from CannTrust weighsCannabis stocks were mostly lower Friday, tracking losses in the broader market amid renewed worry about trade tensions with China with the latest bad news... GarCapital Are you guys still bullish Cgc long term?
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Stocks making the biggest moves midday: AMD, Kraft Heinz, Disney, Roku, Zillow Group & moreThese are the stocks posting the largest moves midday. About time AMD started to go up again. Well isn't that great. It means nothing to most people. The ones with money are making more, and the rest of us are getting poorer. I'm glad the rich are have a great day at the Stock Market/Casino. An exciting day - some big moves on crowd favourite stocks! AMD KHC DIS ROKU
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »