revenue News

Kotak Mahindra Bank Sees a 10.22% Surge in Q3 FY25 Net Profit, Outpacing Last Year's Figures

Kotak Mahindra Bank reported a 10.22% increase in consolidated net profit for Q3 FY25, reaching Rs 4,701 crore. Despite a slight decline from the previous quarter, the bank saw gro...

Lyft Sues San Francisco Over Alleged $100 Million Tax Overcharge

Lyft Inc. has launched a legal battle against San Francisco, accusing the city of improperly levying $100 million in taxes over the past five years. The lawsuit claims that San Fra...

Micron Faces 15% Stock Drop on Disappointing Q2 Forecast

Micron Technology Inc. shares fell nearly 15% in premarket trading due to a disappointing Q2 forecast for fiscal 2025, projecting lower revenue and earnings per share than anticipa...

Razorpay's Bold Move: Relocating HQ and Eyeing $1 Billion Revenue by 2030

Razorpay, a Bengaluru-based fintech unicorn, plans to relocate its headquarters to India and go public by 2026, targeting $1 billion in revenue by 2030.

Broadcom Achieves Record Revenue in Q4 2024, Driven by AI and Semiconductor Growth

Broadcom Inc. reported a 51% increase in Q4 2024 revenue to $14 billion, driven by AI and semiconductor growth. Net income rose 23% to $4.3 billion, and diluted earnings per share ...

Indonesia's Budget Deficit: Insights into Economic Performance

Indonesia's budget deficit for January to November was 401.8 trillion rupiah ($25.27 billion) or 1.81% of GDP, as revealed by Finance Minister Sri Mulyani Indrawati. Total revenue ...

Lululemon's Impressive Q3 2024 Earnings Boost Stock by 18%

Lululemon Athletica Inc. shares surged 18.67% following the release of strong Q3 2024 financial results, with revenue reaching $2.39 billion and gross profit at $1.4 billion, both ...

Upcoming Earnings Reports: Oracle, Macy's, Adobe, and More to Unveil Financial Insights

The upcoming week will see a series of financial insights from major companies including Oracle, GameStop, Macy's, Adobe, Broadcom, and Costco. Oracle will kick off the week with i...

Lululemon's Impressive Earnings Report Sends Stock Soaring

Lululemon Athletica Inc. saw its stock price jump following the release of its strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.3...

SK Telecom's AI Business Set to Generate Significant Revenue

SK Telecom's AI business is expected to generate significant revenue this year, with investments in SGH and Perplexity set to yield near-future sales. The company's 2Q24 earnings a...

Top Property Developers Anticipate Revenue and Profit Surge in 2024

Sansiri leads Thailand's property developers with 28.87 billion baht in revenue for the first nine months, followed by AP (Thailand), Supalai, SC Asset, and Frasers Property Thaila...

OpenAI Considers Advertising to Boost Revenue: A Strategic Move?

OpenAI's CFO, Sarah Friar, discusses the company's consideration of including advertising in its AI products to increase revenue. She emphasizes a thoughtful approach to ad placeme...