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Online marketplace company Groupon reported better than expected first quarter earnings after the close Tuesday. $GRPN said that recent performance trends indicate the company is recovering more the Covid lockdown more quickly than expected.
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Leading cloud-based subscription management platform provider Zuora reported better than expected earnings and guided higher with stay at home demand from the COVID lockdown during its fiscal first quarter on Wednesday, $ZUO stock rose on 20% the report
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Leading videoconferencing software company Zoom Video Communications reported major revenue growth with the stay at home demand from the COVID lockdown during its fiscal first quarter on Tuesday after the market ZM stock rose on the report
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Leading luxury homebuilder Toll Brothers reported better than expected first-quarter earnings Wednesday. The stock $TOL rose over 9% on the report after being up over 9% earlier, up 18% on the day on hopes of recovery. Home sales revenues were $1.52 billion, down 11%
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Machine data data analytics specialist Splunk reported mixed first quarter earnings, missed on revenue but beat on earnings. $SPLK traded sharply down initially but bounced after the conference call focused on the successful shift to a SaaS model accelerating with cloud driving.
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Graphic Chips maker NVidia reported better than expected first quarter earnings and revenue after the close Thursday. $NVDA data center business reported over $1 billion in revenue for the first time. The cloud, to the edge, where GPU-accelerated 5G, AI and IoT will revolutionize the world’s largest industries.
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The impact of the coronavirus pandemic on UK Premier League club Manchester United has been severe. $MANU Slipped to a pre-tax loss in quarter ended 31 March. Broadcasting revenue fell by 517%. Net debt increased by £127.4m to £429 sending finance costs higher as the football seasons were postponed.
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Video game publisher Take-Two Interactive Software reported better than expected earnings Tuesday. $TTWO names NBA® 2K20 and NBA 2K19, Grand Theft Auto® Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, Borderlands 3, Sid Meier’s Civilization® VI, Social Point’s mobile games, and WWE® SuperCard and WWE 2K20 helped raise guidance..
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Retailer Urban Outfitters reported worse than expected first quarter 2020 earnings after the close Tuesday. Comparable sales of Free People, Anthropologie & $URBN brands were all down on the Lockdown.
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Chinese video streaming company iQiyi, an arm of China major Baidu known as China's Netflix, reported first quarter earnings Monday after the close. Total revenues and subscribers rose driven by surging demand for digital entertainment when sheltering in place
