Facebook says its net income and revenue grew in the first quarter of the year, helped by an increase in mobile ad revenue.
Lower than expected revenue growth disappointed investor and shares fell sharply Thursday.
Shares of Oracle plummeted in Thursday trading a day after the enterprise software giant reported earnings that missed analysts’ expectations by a wide margin.
Chevron says its third-quarter net income fell 33 percent as production declined and it sold oil and gas at lower prices.
Intel is cutting its third-quarter revenue forecast due to softer-than-expected demand amid difficult economic conditions.
Hewlett-Packard says it suffered an $8.9 billion loss during its most recent quarter as the technology company accounted for an acquisition that hasn’t panned out the way management envisioned.
Intel, the world’s largest chipmaker, says the weak global economy is slowing its growth, and revenue for the current quarter is likely to come in below Wall Street expectations.
Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas.
Apple came back with a vengeance in last three months of 2011, vastly exceeding analyst estimates and setting new records. While, Yahoo’s latest financial results show the Internet company is still losing ground.
Google’s moneymaking machine misfired badly in the fourth quarter as its advertising prices fell during the holiday marketing season.