WS #13014
Meta Q2 GAAP EPS $6.18 misses $7.18, Family of Apps operating income $23.39B misses $26.11B, Q3 revenue guidance $61B-$64B below $62.68B consensus, stock down >9% after hours. Microsoft Q4 Non-GAAP EPS $4.74 beats $4.24, revenue $90B beats $87.6B, Azure growth 43% vs 39.6% estimate, stock up ~3.5% after hours. Qualcomm Q3 Non-GAAP EPS $2.21 misses $2.23, Q4 guidance $2.05-$2.25 vs $2.36, but notes China handset revenue bottomed and plans price increases; non-handset revenue growth accelerating. Lam Research Q4 Non-GAAP EPS $1.82 beats $1.68, revenue $6.72B beats $6.67B, Q1 guidance well above estimates ($2.00-$2.30 vs $1.83).
Meta Platforms Earnings Miss
Meta Q2 GAAP EPS $6.18 misses $7.18, Family of Apps operating income $23.39B misses $26.11B, Q3 revenue guidance $61B-$64B below $62.68B consensus, stock down >9% after hours.
Microsoft Q4 Non-GAAP EPS $4.74 beats $4.24, revenue $90B beats $87.6B, Azure growth 43% vs 39.6% estimate, stock up ~3.5% after hours.
Qualcomm Q3 Non-GAAP EPS $2.21 misses $2.23, Q4 guidance $2.05-$2.25 vs $2.36, but notes China handset revenue bottomed and plans price increases; non-handset revenue growth accelerating.
Lam Research Q4 Non-GAAP EPS $1.82 beats $1.68, revenue $6.72B beats $6.67B, Q1 guidance well above estimates ($2.00-$2.30 vs $1.83).