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Showing posts with label expectations. Show all posts
Showing posts with label expectations. Show all posts

Symantec beats 2Q profit, sales expectations

Computer security company Symantec Corp. said Wednesday that its fiscal second-quarter net income rose 6 percent from a year ago as revenue ticked higher.

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Google whiffs on earnings expectations, share price instantly plummets 9%

Google whiffs on Q3 earnings expectations, share price plummets 9% following early reportGoogle (GOOG) missed its projected profits by a fair margin last quarter, posting earnings per share of $9.03 versus expectations of $10.65 per share and revenues of $11.33 billion on expectations of $11.86 billion. The company had been scheduled to post its earnings after stocks closed Thursday but it instead released its earnings hours early. One big stone around Google’s neck last quarter was its Motorola Mobility unit, which posted an adjusted operating loss of $151 million, or roughly 6% of Motorola’s total revenues. Google’s share price plummeted by 9% immediately after the earnings were released early.



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