Estimates
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
PHOTOSHOP maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday (Dec 11), indicating the company’s investments to weave artificial intelligence (AI) into its software applications were...
Oracle misses quarterly results estimates on stiff cloud competition
ORACLE missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday (Dec 9), hit by stiff competition and softer-than-expected spending on its database and cloud services as...
Chinese food delivery giant Meituan beats quarterly revenue estimates
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29), defying sluggish Chinese consumption.
Meituan, which has an app that...
Dell reports sales that miss estimates on setback for PC market
DELL Technologies reported worse-than-expected sales after a budding revival in the personal computer (PC) market stalled out.Fiscal third-quarter revenue increased 10 per cent to US$24.4 billion. Analysts, on average,...
Temu-owner PDD misses market estimates for Q3 revenue on weak consumer spending
CHINA’S PDD Holdings fell short of market estimates for third-quarter revenue on Thursday (Nov 21), in a sign that promotional offers and discounts were not enough to lure cost-conscious...
Temu owner PDD misses revenue and profit estimates as consumers struggle
DISCOUNT e-commerce player PDD Holdings fell short of market estimates for third-quarter revenue and profit on Thursday (Nov 21), as its low prices did not persuade cost-conscious consumers to...
China’s Baidu posts 3% fall in third-quarter revenue, beats market estimates
BAIDU reported a 3 per cent fall in third-quarter revenue on Thursday (Nov 21), beating market estimates, as China’s biggest Internet search provider grappled with weak spending on its...
Xiaomi posts jump in third-quarter revenue, beats estimates
CHINESE electronics maker Xiaomi posted a 30.5 per cent jump in third-quarter revenue, boosted by the launch of its first electric vehicle, the SU7 sedan, in March.
Revenue came in...
