4.52 0.00 (0.00%)
After hours: 7:59PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||4.32 - 5.00|
|52 Week Range||4.09 - 13.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 7, 2018 - Feb 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.77|
Shares of internet radio and music streaming company Pandora Inc. soared more than 10% in after-hours trading on Wednesday following a fourth-quarter earnings report in which the company said revenue grew ...
Here are some things going on today in your world of tech: Zebra surges Shares of object tracking technology maker Zebra (ZBRA) — they produce the technology behind a lot of bar codes that are put on inventory, packages, and even hospital patients — are surging after the company this morning reported Q4 revenue that topped analysts’ expectations, with $1.03 billion versus $980 million expected, and beat by a wide margin with its earnings per share of $2.33, versus $2.12 expected. Roku crashes to earth Shares of Roku (ROKU), the streaming video pioneer that went public in September, continue to plunge following a disappointing Q1 revenue forecast last night.
It posted a better-than-expected increase of 63 percent in subscription revenue Wednesday afternoon, boosting its share 11 percent in after-hours trading. Pandora had around 1,000 employees in the East Bay as of January 2017, according to Business Times research, so a 5 percent cut in the workforce could result in at least 50 fewer jobs.
Pandora Media's (P) fourth-quarter results benefit from growth in subscription revenues. However, declining ad revenues remain a concern.
Among the companies with shares expected to trade actively in Thursday's session are Ford, Roku, Goldman Sachs, Newell Brands and Chesapeake Energy.
U.S. stock index futures were higher on Thursday as bond yields eased off four-year highs, with traders taking stock of the Federal Reserve's views on inflation. Bullard told CNBC on Thursday that central bankers need to be careful not to increase interest rates too quickly this year because that could slow the economy too much.