๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
SentinelOne misses quarterly profit estimates, shares fall
Economic Times
ยท
8m ago
Medial
SentinelOne, a cybersecurity company, reported breakeven earnings for the third quarter, falling short of analyst expectations of a 1 cent profit per share. The company's shares dropped over 12% in after-hours trading. SentinelOne faces stiff competition from larger rivals such as Palo Alto Networks and CrowdStrike, who have also reported strong quarterly results. Despite missing profit estimates, SentinelOne raised its fiscal 2025 revenue forecast and expects fourth-quarter revenue to be $222 million, slightly above market estimates. The company's third-quarter revenue of $210.6 million surpassed expectations.
View Source
Related News
GameStop misses revenue estimates on slow videogame demand, competition
Economic Times
ยท
1y ago
Medial
GameStop fell short of quarterly revenue estimates due to increased competition and reduced consumer spending amid economic uncertainty. The company reported Q3 revenue of $1.08 billion, missing estimates of $1.18 billion. This comes as the gaming industry faces challenges with uneven spending. GameStop's shares dropped nearly 3% in extended trading. The results are the first since Ryan Cohen joined as CEO and chairman in September, steering GameStop towards e-commerce but also focusing on brick-and-mortar stores. The company managed adjusted breakeven earnings per share and reduced expenses by nearly 24% to $296.5 million.
View Source
Snap misses revenue estimate, shares plunge 30%
Economic Times
ยท
1y ago
Medial
Snap missed Wall Street estimates for quarterly revenue, causing its shares to plummet by 30%. The struggle to compete with larger rivals such as Facebook and Google for digital advertising revenue has raised concerns about Snap's ability to capitalize on the market. Despite a healthy advertising market, Snap has not demonstrated its ability to leverage it effectively. The company plans to focus on serving advertisers seeking sales and website clicks rather than just brand awareness. Snap's user growth remains stagnant in North America, while Europe saw only a modest increase. The company expects its daily active users to reach 420 million and forecasts first-quarter revenue between $1.1 billion and $1.14 billion. However, Snap's disappointing results caused its shares to drop significantly.
View Source
Carlyle's quarterly profit misses estimates as private equity business weighs
VCCircle
ยท
5m ago
Medial
Carlyle Group's quarterly profit fell short of market expectations due to a 24.1% decline in earnings from its private equity business. The shortfall resulted from reduced asset sale proceeds, causing shares to drop 6.1%. Distributable earnings were $384 million, or 92 cents per share. Carlyle anticipates reduced declines in private equity by 2025. Meanwhile, credit-related earnings increased, bolstering total assets under management to $441 billion, with capital markets performing well.
View Source
Adobe drops as weak forecast fans worries about competition, AI efforts
Economic Times
ยท
1y ago
Medial
Adobe's shares dropped by 12% after the company released a disappointing quarterly forecast. The lackluster forecast raises concerns about competition and the company's ability to profit from AI integrations. Adobe faces competition from startups challenging its dominance in the graphics industry. The company's revenue forecast for the quarter fell below estimates, and its overall market value is expected to decrease significantly. Despite being in the early stages of monetizing AI, Adobe announced a $25 billion stock buyback. The stock currently trades at 30.41 times forward profit estimates.
View Source
Expedia beats profit estimates, announces $5 billion share buyback
Economic Times
ยท
1y ago
Medial
Online travel booking company Expedia Group has announced a $5 billion share buyback plan following a better-than-expected quarterly profit. The company experienced a boost in demand for international travel, leading to resilient demand and higher rates, which increased margins. The rise in bookings during the Independence and Labor Day holiday weekend also contributed to its strong performance. Expedia's quarterly revenue rose 8.6% to $3.93 billion, surpassing estimates of $3.86 billion. Shares of the company rose by 10% after the announcement.
View Source
Paramount misses quarterly revenue estimates as weak ad market offsets streaming gains
Reuters
ยท
1y ago
Medial
Paramount Global, the media conglomerate behind streaming platform Paramount+, reported weaker-than-expected quarterly revenue due to intense competition from streaming rivals and a weak advertising market. Despite adding 4.1 million subscribers during the quarter, the company fell short of analysts' revenue estimates. Paramount expects to achieve domestic profitability for Paramount+ by 2025. The company's direct-to-consumer unit, which includes Paramount+ and PlutoTV, saw a 34% growth in revenue, while its filmed entertainment business experienced a 31% decline. The results come amidst ongoing consolidation in the entertainment industry.
View Source
Cybersecurity firm Zscaler's shares fall on dour annual forecasts
Economic Times
ยท
11m ago
Medial
Zscaler's shares fell by 15.2% in premarket trading after the cybersecurity firm provided a weak annual forecast. While peers like Palo Alto Networks and SentinelOne had strong revenue forecasts, Zscaler faced challenges after a global IT outage. The company expects full-year revenue of $2.60 billion to $2.62 billion, slightly lower than analysts' estimates. Contracted billings are projected to grow 7% in 1H2025. Several brokerages reduced their price targets on the stock. However, Bernstein analysts believe demand may increase for Zscaler due to improving sales effectiveness.
View Source
Tesla misses estimates for quarterly deliveries; shares fall
Economic Times
ยท
1y ago
Medial
Tesla reported Q3 deliveries of 435,059 vehicles, missing market estimates and causing its shares to drop by 3.7%. The automaker cited planned factory shutdowns as a reason for the decline. Despite the miss, Tesla maintained its target to deliver 1.8 million vehicles this year. Some analysts believe factory upgrades could lead to a rebound in Q4 deliveries. Tesla also cut prices for certain models in the quarter. The company will report its Q3 financial results on October 18.
View Source
Microsoft shares slide 5% as cloud forecast, AI spending disappoint
Economic Times
ยท
6m ago
Medial
Microsoft's cloud computing business forecast fell short of expectations, causing its shares to drop by 4.5%. Despite beating quarterly sales estimates, concerns linger over high spending in AI and competition from cheaper Chinese models. Azure's growth projections are below expectations, with revenue growth missing estimates. Microsoft's capital expenditures exceeded expectations, and the rise of Chinese AI models like DeepSeek has heightened price war fears. Investors seek assurance on the monetization of significant AI investments.
View Source
Oracle misses quarterly results estimates on stiff cloud competition
Economic Times
ยท
8m ago
Medial
Oracle's second-quarter revenue fell short of expectations due to fierce competition in the database and cloud services market. The company's shares dropped over 7% in after-hours trading as it faces tough competition from Microsoft and Amazon. Despite reporting a 9% increase in revenue, Oracle missed estimates, causing concerns among analysts about its future growth. Oracle has been partnering with cloud hypervisors like Microsoft Azure and Amazon Web Services to gain market share, but analysts believe it will remain a distant fourth in the hyperscaler market. The company aims to exceed $25 billion in cloud revenue by 2025.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in