FirstQuarter

Bumble said on Tuesday it would cut about 350 roles, marking new CEO Lidiane Jones' first big move, after the online dating company forecast disappointing first-quarter revenue as it grapples with a slowdown in user spending.Shares of the Austin, Texas-based company, which offers dating apps such as Bumble, Badoo, and Fruitz, fell more than 7% in extended trading.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIT DelhiIITD Certificate…

The bank said first-quarter revenue grew by 1% when compared with the average of the prior two quarters. The bank said first-quarter revenue grew by 1% when compared with the average of the prior two quarters. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…

Randstad reported fourth-quarter underlying earnings in line with consensus but said it expected first-quarter gross margin modestly lower sequentially due to seasonality. Randstad reported fourth-quarter underlying earnings in line with consensus but said it expected first-quarter gross margin modestly lower sequentially due to seasonality. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the…

Apple's iPhone 15 series devices are displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023.Patrick T. Fallon | AFP | Getty ImagesApple supplier and lead iPhone assembler Foxconn on Friday reported a revenue drop for the final quarter of 2023 and said it expects a year-over-year decline in sales for its first quarter of 2024.Foxconn revenue for the last three months of the year totaled NT $1.85 trillion ($59.7 billion), a 5.4% dip from the year-ago period. Foxconn attributed the…

Ferrari RomaSource: FerrariFerrari said on Thursday that its first-quarter profit jumped 24% to 297 million euros ($328.8 million), on a 10% increase in shipments as huge demand for its latest models drove a surge in profitability.  "Our order book already extends into 2025," said CEO Benedetto Vigna in a statement.related investing newsFerrari's revenue and profit both solidly beat Wall Street's estimates, and the company maintained its upbeat guidance for the full year. Shares were up over 3% in premarket trading…

First-quarter sales revenue rose by 22% to 76 billion euros, Volkswagen said, primarily driven by a recovery in sales volumes in Europe and North America.Bloomberg | Bloomberg | Getty ImagesGerman giant Volkswagen on Thursday reported a drop in first-quarter profit, saying weaker sales in China reaffirms the need for the carmaker to close the gap on its rivals in the country's fast-growing electric vehicle market.Volkswagen said operating profit fell 31% to 5.7 billion euros ($6.3 billion) through the first three months…

Attendees view vehicles at the Jeep booth during opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 7, 2023.Stephanie Keith | Bloomberg | Getty ImagesCarmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter net revenues as an easing of semiconductor supply chain pressures boosted shipments.The Dutch-headquartered company, formed in 2021 from the merger of Italian-American conglomerate Fiat Chrysler group and France's PSA Group, recorded first-quarter net…

Continued demand for Uber Technologies ’ ride-share and delivery services boosted its revenue and adjusted earnings in the first quarter, despite concerns that high inflation and a potential recession could douse spending.  The San Francisco-based company said Tuesday that revenue for the three months through March rose 29% from a year earlier to $8.82 billion. It also increased the number of consumers and trips, and the value of transactions, on its platform. The sales expansion was in line with Wall…

Apple and its Android rivals saw sales slide in the first quarter in China, research firm Canalys reported on Thursday, as consumers continued to tighten their belts following the lifting of COVID-19 restrictions.The iPhone maker was the top-selling brand over the first three months of the year, with 20 percent market share. But its overall shipments in China fell to 13.3 million units, a 3 percent decrease from the same period in 2022.Sales for all other top-selling brands also fell, with total smartphone shipments…

Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion (roughly Rs. 1,23,000 crore), the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing.The tech titan has found itself under pressure due to a general slowdown in advertising spending, over-hiring during a Covid-era boom and a major challenge by Microsoft on artificial intelligence.Its quarterly revenue came in at nearly $70 billion (roughly Rs. 5,73,700 crore), a…