Ontario-based Shopify (NYSE:SHOP) has had a stellar run so far. For the year, the company’s stock has almost doubled. But the recent earnings results were a bit of a disappointment. While revenues continue to outpace market expectations, higher than anticipated spend for international expansion steered the company into a loss. Its stock fell 4% in the after-hours trading session post the result announcement.
>>>The market appears to have lost patience with Twitter (NYSE: TWTR). Recently the company reported its third quarter results that failed to meet market expectations and sent the stock plummeting 19% in the after-hours trading session.
>>>Cloud-based financial software provider BlackLine (Nasdaq: BL) continues to win several accolades for both its product and overall growth. For the tenth year in a row, it made it to Deloitte’s list of 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America. It was also the leader in Gartner 2019 Magic Quadrant for Cloud Financial Close Solutions. And, to top it all, its recent financial results continued to outpace market expectations.
>>>eBay (NASDAQ: EBAY) recently reported its third quarter results. Its GMV declined in the US and it missed revenue estimates. While the new internet sales tax laws are partly to blame, increasing competition is also a tough challenge for eBay.
>>>Helpdesk automation service provider Zendesk (NYSE: ZEN) recently announced its third quarter results that surpassed market expectations. The company continues to invest in growing its market reach even as it faces the ire of its investors.
>>>Earlier this week, inbound marketing specialist HubSpot (NYSE:HUBS) reported its third quarter results. While the quarter’s performance outpaced market expectations, a rather lackluster outlook failed to impress the Street. Its stock fell 6% in the after-hours trading session post the announcement of the results.
>>>A Global Markets Insight report published earlier this year estimates the global e-learning market to grow 7% annually to over $300 billion by 2025. The academic sector is expected to grow at over 50% CAGR and the corporate or enterprise segment is expected to grow at 8%. Cedar Valley, Utah-based Pluralsight (Nasdaq: PS), a leading player in the market recently reported its stellar third quarter results.
>>>Cloud-based security service provider Qualys (Nasdaq: QLYS) continues to surge past market expectations. The recently reported quarterly results were significantly better than the Street’s forecast, yet again.
>>>Apple (NASDAQ: AAPL) last week reported results that surpassed all expectations driven by strong performance from its Wearables and Services segments. Its stock hit a record high following the results and Apple is now a $1 trillion company.
>>>Despite the various antitrust, privacy, and FTC issues that Facebook (Nasdaq: FB) is dealing with, it recently announced a stellar third quarter performance. The better than expected revenue and earnings results helped the stock climb 2% in the after-hours session.
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