revenue

Tiernan Ray / ZDNet: HPE reports Q4 revenue of $7.35B vs estimates of $7.38B, Compute unit revenue of $3.2B, up 1.1% YoY, and Storage revenue of $1.3B, up 3% YoY — HPE reiterated its full-year forecast for profit, cash flow and share buybacks, and a multi-year outlook for recurring revenue.

Jeremy C. Owens / MarketWatch: Salesforce reports Q3 revenue of $6.86B, up 27% YoY, subscription and support sales of $6.4B, up 25% YoY, and Slack “saw another strong quarter”; stock down 5%+ — Shares fall more than 6% in after-hours trading as fourth-quarter guidance comes in lower than...

Ben Thompson / Stratechery: Twitter should consider changing its business model as its ad revenue remains weak, despite its locked-in userbase, indispensability, and impenetrable moat — From CNBC: … On one hand, congratulations to Twitter for its first non-messy CEO transition in its history...

Siddharth Venkataramakrishnan / Financial Times: Wise reports H1 2021 revenue rose 33% YoY to £256.3M as pre-tax profits dropped to £18.8M from £20M in H1 2020; headcount grew 32% YoY to 2,883 — Currency exchange fintech listed in London in July with a valuation close to £9bn — Profits at...

Ari Levy / CNBC: Filing: HashiCorp sets an IPO range of $68-$72 per share at a $13B valuation, reveals $82.2M in revenue, up 49% YoY, and a $22M net loss in its latest quarter — - HashiCorp, a developer of software for managing cloud infrastructure, said on Monday that it plans to sell shares...

The Economic Times: Paytm reports revenue of $144.8M, up 64% YoY, and a net loss of $63M, up 8%+ YoY, for the quarter that ended in September, in its first post-IPO earnings report — New Delhi: One 97 Communications Ltd, the parent of digital payment giant Paytm, said on Saturday its net loss …

Reuters: Chinese e-commerce company Pinduoduo reports $3.3B in Q3 revenue, up 51% YoY, vs. $4.1B est., and 741.5M MAUs, up 15% YoY; stock is down 18%+ — Shares in Chinese e-commerce platform Pinduoduo Inc (PDD.O) plunged as much as 19% in pre-market U.S. trade on Friday after the company missed …

Brenda Goh / Reuters: Meituan reports fourth consecutive quarterly loss of $1.57B in Q3 on revenue of $7.6B; its core food delivery business posted revenue of $4.14B, up 28% — Chinese food delivery giant Meituan (3690.HK) reported a fourth consecutive quarterly loss on Friday, as it plowed...

Charlie Taylor / The Irish Times: Filings: Google Ireland agreed to a €345.2M tax settlement with Irish authorities; Google Ireland had €48.4B in revenue in 2020, up from €45.7B in 2019 — Wage bill exceeds €500m for the first time with employees paid on average €120,000

The Chinese e-commerce company’s profit fell due to losses from changes in prices for its investments in publicly traded companies and higher investments in key strategic areas.

Revenue reached $7.1 billion despite a continuing chip shortage that has dented the ability of some companies to keep pace with demand.