Corsair Gaming (CRSR) Set to Announce Quarterly Earnings on Thursday

Corsair Gaming CRSR Set to Announce Quarterly Earnings on Thursday
Corsair Gaming (NASDAQ:CRSR - Get Rating) is scheduled to announce its earnings results after the market closes on Thursday, November 3rd. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Corsair Gaming has set its FY 2022 guidance at EPS.Individual that wish to listen to the company's earnings conference call can do so using this link. Corsair Gaming (NASDAQ:CRSR - Get Rating) last released its earnings results on Thursday, August 4th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.27). Corsair Gaming had a positive return on equity of 4.42% and a negative net margin of 2.43%. The company had revenue of $283.90 million during the quarter, compared to analysts' expectations of $274.81 million. During the same quarter in the previous...

Upbeat earnings lift European stocks

Upbeat earnings lift European stocks
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)Oct 25 (Reuters) - European stocks rose on Tuesday after a slew of better-than-expected earnings reports helped offset worries about fast rising interest rates and a slowing euro zone economy.The pan-European STOXX 600 index rose 0.5% by 0717 GMT, with media and technology stocks countering losses in chemical firms.SAP gained 3.9% after the German business software maker reported faster-than-expected revenue growth for the third quarter, while Logitech International rose 4.8% after the computer peripherals maker reaffirmed its full-year forecast.UBS climbed 3.5% after the Swiss bank beat market expectations for quarterly profit due to a rise in new money inflows.Among decliners, German chemicals maker Covestro fell 1.9% after it cut its 2022...

Microsoft earnings rise as pandemic boosts cloud computing and Xbox sales

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Microsoft reported its Azure cloud computing services grew 50 per cent, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker’s investment on working and learning from home. The company’s shares rose 5 per cent in extended trading on Tuesday after gaining about 41 per cent in 2020 as Covid-19 shifted computing to areas where the software maker has bet big. It also saw a surprise recovery in sales on the LinkedIn professional social network and navigated a chip shortage that had threaten to hold back its Xbox business. The shift to work from home due to the Covid-19 pandemic has accelerated enterprises’ switch to cloud-based computing, benefiting Microsoft and...

Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales

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Microsoft Corp (MSFT.O) on Tuesday reported its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker's investment on working and learning from home.The company's shares rose 5% in extended trading after gaining about 41% in 2020 as COVID-19 shifted computing to areas where the software maker has bet big. It also saw a surprise recovery in sales on the LinkedIn professional social network and navigated a chip shortage that had threaten to hold back its Xbox business.The shift to work from home due to the COVID-19 pandemic has accelerated enterprises' switch to cloud-based computing, benefiting Microsoft and rivals such as Amazon.com Inc's (AMZN.O) cloud unit and Alphabet Inc's (GOOGL.O) Google Cloud. On a conference call with investors,...