Earnings Reports

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China based video-sharing platform Bilibili, Inc. reported third quarter earnings before the open Tuesday that highlighted surging user numbers but at a high cost. The bottom-line was negatively impacted by a 71% surge in operating expenses to RMB774 million (US$108 million). There was a 70% increase in the cost of revenue to RMB1.5 billion (US$211 million).

Graphic Chips maker NVidia reported better than expected third quarter earnings and revenue after the close Wednesday. $NVDA said their reach is beyond the cloud, to the edge, where GPU-accelerated 5G, AI and IoT will revolutionize the world’s largest industries.

Chip equipment supplier Applied Materials reported better than expected fiscal fourth quarter earnings after the market close Thursday. Last quarter $AMAT showed a 44% dip in earnings as weak performance from all three segments hurt net sales.

Online Dental Products Company SmileDirectClub reported its first earnings after going public with better than expected third quarter revenue after the market close Tuesday.  The stock however plunged 20% and high expenses and legal costs

Canadian marijuana producer Tilray reported mixed third-quarter earnings after the close Tuesday. Revenue beat expectations but losses were larger than expected with higher costs and lower average selling prices. $TLRY rose over 2% on the report.

Planet Fitness reported better than expected third quarter earnings after the close Thursday. The fitness center operator also raised guidance helping $PLNT stock rise over 7% after the report.

Video game publisher Take-Two Interactive Software reported better than expected fiscal second quarter earnings. $TTWO names Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19  helped raise guidance but worries about the holiday season.

Video game publisher Activision Blizzard  reported better than expected third quarter earnings and guided higher. $ATVI saw growth from its World of Warcraft Classic launch. Core games include Overwatch, Call of Duty, and Candy Crush mobile games.

Chesapeake Energy reported worse than expected earnings before the market opened Tuesday and also issued a going concern notice warning of failure if low energy proces persist. The stock hit the lowest prices since Feb 4, 1999, over 20 years, to 79c the next day.

Independant energy producer and shale exploration company Oasis Petroleum reported mixed third quarter earnings after the close Tuesday. $OAS reiterated its drilling spend cutbacks and divesting non core assets. The companies main focus is the efficiency of Williston production

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