News Formal

Big Tech’s Big Thursday: Q3 Earnings Highlights and Lowlights

  • 📰 Variety
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

All of big tech just reported their calendar year Q3 earnings, but only one tech giant posted a noticeable gain during after-hours trading. You’ll see why when you click through and get a gla…

It was another huge quarter for Amazon. The e-commerce giant’s net sales in Q3 rose 37% from last year and operating income increased to $6.3 billion. Net sales of Amazon’s “other” segment, which primarily includes sales of advertising services, jumped 49% year-over-year. Advertising may still be a small part of Amazon’s overall business but is increasingly becoming an important one. Shares of Amazon fell about 2% in after-hours trading Thursday following a 74% run so far this year.

The company highlighted several of its recent originals like the “Borat” sequel and “The Boys,” but in typical Amazon/SVOD fashion didn’t disclose viewership figures for them in its earnings report. It did, however, recentlyFacebook Fails to Impress Investors Despite Ad Rev Jump

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 108. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Ford beats on Q3 profit as car, truck sales rebound from coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Microsoft reports strong growth for LinkedIn and cloud platform Azure in Q3 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. thanks
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

LIVE: Here come Alphabet's Q3 earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

LIVE: Here come Amazon's Q3 2020 earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »