S&P Global Suspends 2022 Financial Guidance Due to Extraordinarily Weak Market Conditions for its Ratings Business; Expects to Re-introduce with Second Quarter 2022 Earnings Results

Cindy Apt

NEW YORK, June 1, 2022 /PRNewswire/ — S&P Global (NYSE: SPGI) is suspending financial guidance for the full year 2022. Macroeconomic conditions have deteriorated since S&P Global Inc. (“the Company”) last provided financial guidance on May 3, 2022, negatively impacting the Company’s expectations for GDP growth and debt issuance volumes. […]

Ubiquiti Inc. Reports Third Quarter Fiscal 2022 Financial Results

Cindy Apt

~ Revenues of $358.1 million ~ ~ GAAP Diluted Earnings Per Share of $0.82 ~ NEW YORK, May 06, 2022–(BUSINESS WIRE)–Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced its financial results for the third quarter fiscal 2022, ended March 31, 2022. Third Quarter Fiscal 2022 Financial Summary Revenues […]

Pitney Bowes Announces First Quarter 2022 Financial Results

Cindy Apt

STAMFORD, Conn., April 28, 2022–(BUSINESS WIRE)–Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2022. “Our first quarter performance was very good and marks a continuation of the trend that we were on […]

Western Digital Reports Fiscal Third Quarter 2022 Financial Results

Cindy Apt

News Summary Revenue was $4.38 billion, up 6% year-over-year (YoY). Cloud revenue increased by 25%, Client revenue declined by 2%, and Consumer revenue declined 8% YoY. SAN JOSE, Calif., April 28, 2022–(BUSINESS WIRE)–Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2022 financial results. “The entire Western Digital team […]

Snap Inc. Announces First Quarter 2022 Financial Results

Cindy Apt

Daily Active Users increased 18% year-over-year to 332 million Revenue increased 38% year-over-year to $1,063 million Operating cash flow was $127 million and Free Cash Flow was $106 million SANTA MONICA, Calif., April 21, 2022–(BUSINESS WIRE)–Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2022. […]

Wells Fargo Reports First Quarter 2022 Financial Results

Cindy Apt

SAN FRANCISCO, April 14, 2022–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) has released its first quarter 2022 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 14, 2022, and available on […]

WD-40 Company Reports Second Quarter 2022 Financial Results

Cindy Apt

~ Second quarter consolidated net sales grew by 16 percent compared to prior year fiscal quarter ~ ~ Company reports diluted EPS of $1.41 for the second quarter ~ SAN DIEGO, April 7, 2022 /PRNewswire/ — WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by […]

Blend Announces Fourth Quarter and Full Year 2021 Financial Results

Cindy Apt

Fourth Quarter Revenue Growth Driven by Blend Platform Segment Full Year 2022 Revenue Guidance Reflects Expected 35% Mortgage Industry Volume Decline from Full Year 2021 Level SAN FRANCISCO, March 31, 2022–(BUSINESS WIRE)–Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its fourth quarter and full year […]