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Search resuls for: "Julia Brau Donnelly"


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Snap shares plunge more than 20% on weak guidance
  + stars: | 2024-08-01 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +3 min
Evan Spiegel, co-founder and CEO of Snap Inc., during the Bloomberg Technology Summit in San Francisco on May 9, 2024. Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts' estimates. The company expects adjusted earnings of $70 million to $100 million, trailing the $110 million average analyst estimate, according to StreetAccount. Pinterest shares tumbled this week after the company reported its latest earnings and provided third-quarter guidance that trailed analysts' estimates. YouTube advertising sales came in at $8.66 billion in the quarter, lower than analysts' expectations of $8.93 billion.
Persons: Evan Spiegel, Meta, Julia Brau Donnelly Organizations: Snap Inc, Bloomberg Technology Summit, LSEG Revenue, LSEG Global, Global, Google, YouTube Locations: San Francisco
Meta set to report second-quarter earnings after the bell
  + stars: | 2024-07-31 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +4 min
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta is slated to report second-quarter earnings on Wednesday after the close of regular trading. Meta's ad revenue is projected to show an increase of 19% to $37.6 billion, according to StreetAccount. Heading into Meta's report on Wednesday, the digital ad market has shown some signs of weakness. Alphabet reported lower-than-expected ad revenue out of YouTube last week, and on Tuesday, Pinterest issued disappointing third-quarter guidance, leading to a 15% plunge in the stock after hours.
Persons: Mark Zuckerberg, LSEG, Meta, Zuckerberg, Emily Chang, Sundar Pichai, Pichai, Pinterest, Julia Brau Donnelly Organizations: Meta, Google, YouTube, Labs, Revenue, Quest VR, Microsoft Locations: Menlo Park , California
Pinterest shares tumble nearly 15% on weak guidance
  + stars: | 2024-07-30 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +3 min
Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Pinterest said that it had 522 million global monthly active users (MAU) for the second quarter, topping analyst estimates of 520.1 million. Additionally, Pinterest reported second-quarter global average revenue per user (ARPU) of $1.64, in line with analyst estimates. However, the company's YouTube advertising sales were $8.66 billion during that period, coming in lower than analyst estimates of $8.93 billion.
Persons: Bill Ready, Pinterest, we're, Julia Brau Donnelly, Donnelly Organizations: New York Stock Exchange, Analysts, ., U.S, U.S ., YouTube, Meta Locations: New York City, U.S, LSEG, Canada, Europe
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