Netflix’s third-quarter earnings report just came out, with the company beating analyst expectations on higher-than-expected subscriber numbers. For the third quarter, Netflix reported earnings of 52 cents per share on revenues of $1.1 billion. That compared to earnings of 13 cents per share on sales of $905 million in the year-ago quarter.
IBM just released its Q3 2012 financials. Big Blue’s GAAP earnings came in at $3.8 billion, up 3% from the last quarter. Non-GAAP earnings were $4.2 billion. Overall, the company reported revenue of $24.7 billion, down from $25.8 billion in Q2.
Ahead of the earnings release, most analyst expected that Big Blue would report robust earnings.
Netflix just released its second-quarter earnings report, missing analyst expectations with lower-than-expected subscriber numbers. For the second quarter, Netflix reported earnings of 49 cents per share on revenues of $1.07 billion. That compared to earnings of 11 cents per share on sales of $889 million in the year-ago quarter.
HTC today officially released its financials for Q3, and the news continues to be bad for the Taiwanese smartphone maker: the company reported revenues of 70.2 billion Taiwan dollars ($2.4 billion), down 23% from last quarter’s $3 billion and 48% compared to the same quarter last year.
HP just released its Q1 2013 earnings report and for once, the company beat analyst expectations: revenue was once again down 6% to $28.4 billion, but still higher than most analysts expected. The company reported an income of $1.2 billion and EPS of $0.82.
Salesforce.com beat estimated earnings, posting $957 million in revenues, a 31 percent increase compared to last year. Non-GAAP earnings were 9 cents per share. Subscription and support revenues were $903 million, also a 31 percent increase on a year-over-year basis.
Salesforce projects its revenues to top $4 billion for the 2014 fiscal year. In 2013, it posted $3 billion in revenues.