Tallahassee Journal

GoPro, LinkedIn report earnings

GoPro, LinkedIn report earnings

It’s a huge day for tech earnings, with several big names prepared to report results after the markets close. Let’s look at the stocks to watch Thursday:

GoPro. The high-definition camera maker is the latest to report holiday quarter results Thursday. Analysts estimate GoPro will report $580 million in revenue with earnings of 70 cents per share. Since reaching a six-month high of $93.85 in October, GoPro shares have tumbled dramatically. GoPro stock slid 4.95% Wednesday to $51.87.Gopro-corporate-display-

LinkedIn. The professional social network reports fourth quarter and full year results after the bell. In October, the company raised guidance on full-year revenue, but missed expectations on the fourth quarter.

Twitter. Will the introduction of new features be enough to spur growth among the social network’s monthly active users? Investors will learn more after the markets close, when Twitter reports fourth quarter earnings. Last quarter, Twitter reported a modest increase in its monthly active users, sending shares tumbling.

Yelp. The online recommendations site reports fourth quarter earnings. Analysts expect Yelp to report earnings of 7 cents per share off $108.36 million in revenue.

Glu Mobile. First, Kim Kardashian, now the headliner of the Super Bowl Halftime Show. The mobile game publisher announced a five-year partnership with singer Katy Perry to create a game featuring her likeness and voice. It launches later this year. Meanwhile, shares of Glu surged 19% in pre-market trading after reporting a 78% increase in quarterly revenue.


November 2017
« Oct