Meta Platforms (NASDAQ: META) and Snap Inc (NYSE: SNAP) topped earnings estimates this week. Snap returned to revenue growth and Meta reported record profits and sales on digital ad strength. But, both social media companies warned about the conflict in the Middle East that already softened ads, Meta’s Year Of Efficiency’ Turnaround Strategy Continues To Deliver For the quarter ended on September 30th, Meta reported its revenue grew at the fastest rate since 2021, reaching $34.15 billion. What’s
Freight broker Landstar System provided a worse-than-expected fourth-quarter guide Wednesday after the market closed. The post Landstar sees continuation of soft freight market in Q4 appeared first on FreightWaves.
Texas Instruments' biggest by revenue share – was down in the mid-teens percentage in the third quarter, with the weakness pervading all regions except Japan, Dave Pahl, head of investor relations at TI, told analysts. The company forecast current-quarter revenue between $3.93 billion and $4.27 billion, compared with analysts' average estimates of $4.49 billion, according to LSEG data. TI forecast profit per share between $1.35 and $1.57, below estimates of $1.76 per share as it had to lower its
Texas Instruments' biggest by revenue share – was down in the mid-teens percentage in the third quarter, with the weakness pervading all regions except Japan, Dave Pahl, head of investor relations at TI, told analysts. The company forecast current-quarter revenue between $3.93 billion and $4.27 billion, compared with analysts' average estimates of $4.49 billion, according to LSEG data. TI forecast profit per share between $1.35 and $1.57, below estimates of $1.76 per share as it had to lower its factory loadings in the third quarter to reduce inventory and protect its gross margin.