Hey reader!
So I’m starting this very quick and easy earnings recap each week where I take 5 companies that reported earnings and summarize the key numbers.
Last week, Netflix, Intel, Snap, Twitter, and ASML reported earnings.
ASML:
Revenue: $4.8 billion vs $4.9 billion (Revenue grew 32.3% on a year-over-year basis.)
EPS: $3.04 vs $2.89
The company said it expects Q3 revenue of $6.12 billion to $6.6 billion vs $6.07 bn.
ASML now expects sales to grow about 35% in 2021. It previously targeted 30% growth this year.
I recently covered ASML on my YT channel:
Intel:
Stock is down 5.29%
Revenue: $19.6 billion vs $18 billion
EPS: $1.28 vs 1.06
Raised guidance for FY21:
EPS of $4.80 from $4.60, excluding non-recurring items, vs. $4.63
Revenue of $73.5 billion from $72.5 billion vs. $72.65 billion.
Stock is down because of low gross margin guidance for Q3.
SNAP:
Stock is up a massive 25%!
Revenue: $982m vs $844m
EPS: $0.1 vs -$0.01
DAU: 293M vs. 290M
Q3 Outlook: Revenue is estimated to be between $1.07B and $1.085B vs. $1.01B.
Netflix:
Stock is down 3.63%
Revenue : $7.34 billion vs $7.32 billion
EPS: $2.97 vs $3.16
Netflix will focus on games for mobile devices. Users will be able to access that segment of the platform at no extra cost.
Guidance for Q3:
EPS $2.55 vs $2.17
Sales $7.477B vs $7.48B
One thing that caught my eye for Q3 is, 3.5M net adds compared to 1.54 million this Q.
Twitter:
Stock is up 3% the next day.
Revenue: $1.19 billion vs $1.06 billion
EPS: $0.08 vs $0.07
Average monetizable DAU (mDAU) reached 206 million, up 11% y/y
For Q3’21:
Total revenue is expected to be between $1.22 billion and $1.3 billion.
That’s all folks! See you next week!