FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Stock Market Report on Salesforce.com, Inc., The Expedia Group, Inc., Restoration Hardware and Slack Technologies, Inc.
Salesforce.com, Inc. (NYSE: CRM) released its third quarter results on Tuesday evening, surpassing revenue and earnings, yet still trended downwards as its largest ever acquisition handed the company a net loss for the quarter, and an EPS of 75 cents and revenues of 4.5 billion dollars were not enough to appease investors.
Then the Expedia Group, Inc. (NASDAQ EXPE) gained 8% on Wednesday morning after it announced the resignation of its CEO and CFO, at the request of the Board of Directors.
And later in the day, Restoration Hardware (NYSE: RH) topped earnings estimates and revenues, while leaving its forecast for the current quarter largely unchanged. The Company’s EPS of $ 2.79 cents and revenues of 677 million dollars helped edge the stock over 9% higher on Thursday morning.
And lastly, Slack Technologies’, Inc. (NYSE: WORK) results released on Wednesday evening topped analysts’ expectations for the quarter, with an earnings loss of 2 cents per share on revenues of 168.7 million dollars, though the company still slumped 4% on Thursday morning as it reported a weaker than expected guidance.
The NASDAQ Stock Exchange is the second-largest stock exchange in the world by market capitalization, behind only the New York Stock Exchange located in the big apple.
The New York Stock Exchange (NYSE) is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world’s largest stock exchange by market capitalization of its listed companies.
About Buzz on the Street: One of FinancialBuzz.com’s latest corporate and financial news shows, covering the latest trending stock market news. Buzz on the Street looks to become a leader in corporate video news dissemination. Buzz on the Street is 100% original content, brought to you by Financial Buzz Media.