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Okta raises forecast as CEO says economic conditions were ‘better than we thought’

Okta shares rose 4% in extended trading on Tuesday after the identity software maker reported fiscal results that exceeded Wall Street projections. Here's how the company did in comparison with LSEG consensus: Earnings per share: 91 cents adjusted vs. 84 cents expected 91 cents adjusted vs. 84 cents expected Revenue: $728 million vs. $711.8 million expected Okta's revenue grew about 13% year over year in the fiscal second quarter, which ended on July 31, according to a statement. Net income

PayPal stock sinks 8% as company reports slow growth in key margin figure

PayPal reported better-than-expected results for the second quarter but saw slowing growth in transaction margin dollars, a key measure of profitability. The stock slipped more than 8% following the report. Here's how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.40 adjusted vs. $1.30 expected $1.40 adjusted vs. $1.30 expected Revenue: $8.29 billion vs. $8.08 billion expected Sales increased 5% from $7.89 billion a year ear

PayPal reports slow growth in key margin figure even as earnings top estimates

PayPal reported better-than-expected results for the second quarter but saw slowing growth in transaction margin dollars, a key measure of profitability. The stock slipped more than 5% following the report. Here's how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.40 adjusted vs. $1.30 expected $1.40 adjusted vs. $1.30 expected Revenue: $8.29 billion vs. $8.08 billion expected Sales increased 5% from $7.89 billion a year ear

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

PayPal reported better-than-expected results for the second quarter and raised its full-year guidance for transaction margin dollars and earnings per share. The stock slipped more than 4% following the report. Here's how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.40 adjusted vs. $1.30 expected $1.40 adjusted vs. $1.30 expected Revenue: $8.29 billion vs. $8.08 billion expected Sales increased 5% from $7.89 billion a year