Earnings Report

Rogers to Refund Customers $150 Million for Outage; Q2 Profits Surge 35%

Rogers today announced its unaudited financial and operating results for the second quarter ended June 30, 2022. Overall, Rogers reported a total of $3.86 billion in revenue for Q2 2022, up 8% year-over-year from Q2 2021. Service revenue was up 11% to $3.44 billion. Company CEO Tony Staffieri said the telco's Q2 performance was made...

TELUS Q1 2022: $4.3 Billion in Revenue, Wireless Subscribers Surge

TELUS today announced its operational and financial results for the first quarter ended March 31, 2022. TELUS reported consolidated operating revenues of $4.3 billion, up 6.4% year-over-year from Q1 2021. Mobile network revenue grew by $74 million (or 4.9%), as compared to Q1 2021, to over $1.51 billion. Revenue from wireless network equipment and other...

Apple Q2 2021 Sets Record $89.6 Billion in Revenue, Up 54% Year-Over-Year

Apple has announced its Q2 2021 financial results, for the quarter ended March 27, 2021. The company saw a record $89.6 billion in revenue for the quarter, up 54% year-over-year, with earnings per diluted share of $1.40, to go with international sales taking up 67% of Q2 revenue. “This quarter reflects both the enduring ways...

Fitbit to Slash 6% of Workforce as Q4 Earnings Disappoint

Fitbit is set to cut 110 jobs, or about 6% of its global workforce after fourth quarter earnings disappointed, with only 6.5 million devices sold, as quarterly revenue was below the company's guidance. Fitbit shares have dived as much as 13 percent after revealing it will cut anywhere from five to ten percent of its...

Facebook Beats Wall Street Estimates in Q3 with $7.01B Revenue

Facebook unveiled its Q3 earnings yesterday, beating all analyst estimates by posting $7.01 billion in revenue and $1.09 EPS, as compared to Wall Street estimates of a profit of 97 cents on sales of $6.92 billion, Re/Code reports. The social networking giant brought in over $5.7 billion in mobile advertising revenue, which alone is bigger than the company’s entire business...