eBay Short Fall, PayPal Exceed Expectation
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October 24, 2019
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eBay has reportedly fallen short of estimations following the release of its revenue forecast for its fourth-quarter sales, while former subsidiary PayPal... Read More
Microsoft Tops Projections Despite Slowing Sales
Microsoft has topped Q1 analyst projections, posting double-digit gains in sales and profits thanks to solid earnings in Azure cloud programs and... Read More
Huawei Shows “Continued Growth” Despite US Ban
Huawei’s Q3 earnings report has been released and shows continued growth in terms of sales despite ongoing trade tensions with the US... Read More
Samsung Expects Q3 Profits To Drop 56%
Samsung has reported that due to the downturn in global memory chip prices, the company is expecting its third-quarter operating profit to... Read More
TPG Profit Down 56% After Axed 4G Plan
TPG Telecom’s decision to cease building Australia’s fourth 4G network has cost the company dearly, with profit more than halving. Profit for... Read More
Aussie Shares $15m E-Games Prize
A European team with an Aussie member has become the first to win one of the highest-profile and most lucrative video games... Read More
Big W Post $85M Loss Amid Store Closures
Embattled discount department store, Big W, has suffered a $85 million full-year loss, amid several store closures and rumours of a proposed... Read More
Amaysim Stock Sinks On $7.4M Loss
Australia’s largest mobile virtual network operator Amaysim lost $7.4 million last financial year thanks to increased competition and the acquisition of Click... Read More
The Reject Shop Post $17M Loss As CEO Search Continues
Struggling discount retailer The Reject Shop has breached its financial covenants and posted an after tax net loss of $16.9 million as... Read More
AusPost Profit Plummets Despite Record Revenue
Australia Post has reported before tax profits of $41 million for the last financial year, plummeting two-thirds from the $126 million in... Read More
