SpaceX's first-ever earnings show higher revenues and huge spending

Elon Musk's company has struggled to maintain investor enthusiasm that greeted its stock market debut.

LIC’s Big Share Sale Draws Investors Even as India’s IPO Market Stalls

India expands the size of the offering to raise $3.3 billion amid strong demand.

By Ashutosh Joshi and Pratigya Vajpayee

SpaceX’s Spending on A.I. Soars, In First Results After I.P.O.

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.

By Ryan Mac

FirstFT: SpaceX surpasses analysts’ expectations in debut earnings report

Also in today’s newsletter: India proposes widening tax exemptions for foreign investors and Malaysia’s $100bn ‘cursed island’

SpaceX revenue jumps 92% in first earnings report

The company, led by billionaire founder and CEO Elon Musk, announced on Tuesday that it beat analyst expectations by $1 billion in its first earnings report since going public.

After share price crash following IPO, SpaceX to report first earnings as a public company

The company will release its second quarter earnings on Tuesday, giving investors a look at its potential profit For the first time since SpaceX went public, the world will get a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business will report its second quarter earnings on Tuesday, while nervous investors look to gain more insight into the rocket ship company’s potential for profit. SpaceX had a blockbuster initial public offering in June with the lar...

By Dara Kerr

SpaceX's revenue rises as its once-soaring stock price drifts back to Earth

On their first earnings call since SpaceX's June public offering, executives said the company is pouring funds into rocket development, Starlink satellites and AI.

By John Ruwitch

Elon Musk’s SpaceX reports losses but less than expected

Revenue was up more than 90 percent from the same period a year ago, beating analyst expectations.

AMD's revenue climbs 50% and data center sales doubled, but the stock is down

AMD's Data Center unit is driving the company's growth, up 107% over last year.

SpaceX says it’s coming for AT&T, Verizon, and T-Mobile customers

SpaceX President Gwynne Shotwell said she expects to take some customers from the Big 3 wireless carriers as it upgrades Starlink Mobile. Michael Nagle/Bloomberg via Getty Images SpaceX's Starlink Mobile provides cellular coverage in dead zones and during network outages. The company has plans to turn Starlink Mobile into a full-fledged wireless carrier. SpaceX President Gwynne Shotwell said next-gen satellites will boost Starlink Mobile's coverage. SpaceX wants to turn Starlink Mobile into...

SpaceX's first-ever earnings show higher revenues and huge spending

Paramount Q2 Profit Dips, With Streaming Boost Offset by TV Declines

Paramount Skydance said second-quarter profit fell, even as the company was boosted by its streaming media and studios operations, while its large TV division shed ad dollars and subscribers. David Ellison, the company’s CEO, vowed that its deal to acquire Warner Bros. Discovery would close, despite legal setbacks that have slowed the transaction. “While there […]

By Brian Steinberg

Elon Musk's SpaceX beats revenue expectations in debut earnings call after IPO

SpaceX revenue nearly doubled to $7.8B, driven by Starlink and AI growth, but capex topped $18B. Shares fell 7.5% after hours.

Paramount Reports Mixed Earnings Results With Warner Bros. Takeover In Limbo

Net earnings fell to $41 million, but the company saw its best quarter for retention ever on Paramount+.

By Caitlin Huston

SpaceX’s AI splurge puts a damper on debut earnings after IPO

Shares tumbled as much as 8.8% in U.S. post-market trading after it said capital spending jumped to about $18.4 billion in the second quarter.

Paramount “Fully Expects” WBD Merger To Close As It Reports Q2 Streaming Gains, Linear Challenges

Almost one year exactly from Skydance’s acquisition of Paramount, the merged company reported mixed quarterly numbers with strong streaming, tough theatrical comps and an ongoing drop in linear television. The numbers hit just as a judge announced a March trial date to hear the AG’s antitrust case against the Par-WBD merger. “Q2 was our best […]

By Jillg366

LeMaitre projects $276.3M 2026 revenue amid 11% organic growth outlook and Artegraft expansion

UMG Reported a 5.3% Increase in Revenue — So Why Did Its Stock Drop 25%?

The company's share price plummeted in the wake of its earnings release. Billboard analyzes the reasons behind the dip.

By Chris Eggertsen

AMD Crashes Despite Big Beat, CapEx Almost Triple Expectations

AMD Crashes Despite Big Beat, CapEx Almost Triple Expectations AMD beat on its top- and bottom-line: Revenue: $11.54B vs $11.28B expected Adjusted EPS: $1.66 vs $1.62 expected Good news. With Data center revenue up 107% year over year to  $6.72B, better than the $6.6B expected. More good news. As Bloomberg reports, last month, Chief Executive Officer Lisa Su rolled out new products that the company said will outperform offerings from Nvidia, adopting a more aggressive stance ...

By Tyler Durden

SpaceX’s first-ever earnings show higher revenues and huge spending

SpaceX has delivered its first-ever quarterly business report, which showed that revenue nearly doubled while spending skyrocketed.

By Abubakar Ibrahim