article thumbnail

Roku Now Expects Third-Quarter Revenue to Be Substantially Higher Than Its Previous Forecast

The Motley Fool

Streaming TV platform company Roku (NASDAQ: ROKU) made several announcements Wednesday morning, and in one of them it unveiled plans to reduce its workforce head count by about 10% as part of the company's "continuing evaluation of its operations." The company anticipates incurring a restructuring charge during Q3.

article thumbnail

Why Shares of Sharecare Are Soaring on Wednesday

The Motley Fool

ET on Wednesday after the digital healthcare company said it had received a proposal from a private equity firm to buy the company's available shares. On Tuesday, Sharecare reported a Securities and Exchange Commission (SEC) filing from Oct. The company reiterated its yearly guidance of revenue between $452.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Breaking Down Coinbase's Q2 Earnings: Essential Insights Every Investor Needs to Know

The Motley Fool

While the company outperformed expectations in some areas like revenue and earnings per share (EPS), the big crypto exchange also experienced declines in other important aspects. This metric helps assess a company's cash-flow generation from its operations. Image source: Getty Images.

article thumbnail

3 Top Cathie Wood Stocks I Wouldn't Touch With a 10-Foot Pole

The Motley Fool

Based on required quarterly Form 13F filings with the Securities and Exchange Commission (SEC), Wood's Ark Invest closed out June with approximately $15.1 billion in managed securities. Paying 80 times forecast earnings in 2023 for a stock that looks to be nothing more than an auto company makes no sense.

article thumbnail

Warren Buffett Thinks Berkshire Hathaway's Earnings Figures Are "Worse Than Useless." So What Should Investors Focus On?

The Motley Fool

Warren Buffett doesn't think highly of his company's bottom line. He acknowledged that many people gravitate to the bottom-line numbers on the company's income statement. The company delivered operating earnings of $37.4 What about companies other than Berkshire? Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B)

article thumbnail

SoundHound AI Stock Sinks 21% on Earnings Miss and Profitability Target Pushback, Halting Nvidia-Fueled Rally

The Motley Fool

The stock's decline is attributable to the quarter's revenue and earnings missing Wall Street's consensus estimates, along with the company pushing back the date at which it expects to achieve a positive result for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). Specifically, Nvidia owns about 1.73

article thumbnail

Symbotic Stock Plunges 19% Despite Earnings Beating and Revenue Meeting Wall Street's Estimates

The Motley Fool

in Monday's after-hours trading following the company's release of its report for the first quarter of fiscal 2024 (ended Dec. That said, investors don't usually punish stocks in such situations -- or at least not by much -- because operating cash flows are often lumpy from quarter to quarter for small companies. million $368.5