Affirm, the provider of buy now, pay later loans, reported better-than-expected fiscal first-quarter results. Here is how the company did, compared to analysts' consensus estimates from LSEG. Loss per share: 31 cents adjusted vs. a loss of 35 cents expected Revenue: $698 million vs. $664 million expected Affirm reported gross merchandise volume,...
Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations
Rivian Automotive lowered its earnings forecast for the year after missing Wall Street's third-quarter expectations, including a significant miss in revenue. Here is how the company performed in the quarter, compared with average estimates compiled by LSEG: Loss per share: 99 cents adjusted vs. a loss of 92 cents expected...
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony's PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here's how the company did in the September quarter, versus LSEG consensus estimates:...
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now has 110.5 million subscribers as of Sept. 30. Warner...