The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-ago period.
Category: Company Reports
-
Walmart Opens the Year With Stronger Sales and Profit
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.
-
Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
-
New York Times Adds 210,000 Digital Subscribers in Quarter
Adjusted operating profit was $76.1 million, an increase of about 41 percent from a year earlier.
-
In a Surprise, Disney+ Becomes Profitable
The streaming service added 6 million subscriptions and made $47 million in its latest quarter, helping Disney deliver stronger-than-expected earnings.
-
Berkshire Reports Drop in Profits but Formidable Cash Stockpile
The company’s first-quarter earnings were released before its annual investor meeting in Omaha.
-
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.
-
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.
-
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.
-
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.