Sentences with phrase «weak revenue guidance»
Marvell also gave strong fourth - quarter EPS guidance, but weak revenue guidance for the quarter.
https://www.cnbc.com/ Not exact matches
It provided guidance for revenue in the crucial holiday quarter that was weaker than analysts had expected.
Snap (SNAP) stock was down 16 percent in premarket after it missed revenue forecasts and its forward guidance and daily active users were weaker than estimates as well.
has lowered its full year revenue guidance after a weaker - than - expected first quarter.
Fitbit reported earnings and revenue Monday that topped analysts» expectations, but its shares plunged after weaker - than - expected guidance for the current quarter.
Stocks in the red include Fitbit, as the wearables maker issued a weaker - than - expected current quarter guidance; Spotify as the streaming service missed on earnings but reported subscription numbers that were below expectations; and Tesla, with shares dropping despite an earnings and revenue beat, as cash burn hit $ 1 billion last quarter and CEO Elon Musk criticized analysts, and took questions from a YouTuber in a bizarre earnings call.
At this stage in the bull market, it is not usually well received when companies miss on revenues and offer guidance that feels weak.
TTWO, +1.69 % edged 0.7 % higher after the videogame publisher missed its revenue forecast and provided a weaker - than - expected guidance.