Topic

Earnings Update

A collection of 42 issues

Meta 2Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 $50 call options of Meta While the stock is up +6-7% after hours, I found some mixed signals on this call to keep both bulls and bears interested. In any case, I have never found Meta’s earnings calls monotonous! Here are my

Alphabet 2Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 $50 call options of Alphabet “With 15 products that each serve half billion people and 6 that serve over 2 billion each, we have so many opportunities to deliver on our mission.” -Sundar Pichai (2Q’23 Earnings Call) Here are my highlights from

Spotify 2Q'23 Earnings Update

Disclosure: I own shares of Spotify Spotify stock has been one of the “winners” in 2023. A week ago, its YTD was +130%. With Generative AI, price increases, and potential margin improvement speculations, the stock crumbled after today’s earnings as it mostly appears to be very much “work-in-progress” story,

Adobe 2Q'23 Update

Disclosure: I am long shares of Adobe First things first, while as of this writing I do own Adobe shares, I have gradually trimmed half of my Adobe holdings for the last couple of weeks. By the time I will publish my Deep Dive next week, it is likely that

Amazon 1Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 call options of Amazon An Analyst asked a legitimate question to Amazon management: “Does the company ever think about breaking out all the big investments so that we have more clarity on the retail margin structure?” Andy Jassy provided a word salad in

Meta 1Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 call options of Meta “There are two major technological waves driving our road map: a huge AI wave today, and a building metaverse wave for the future.” Mark Zuckerberg (1Q’23 Earnings Call) Here are my notes from tonight’s earnings. Subscribe Users

Alphabet 1Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 call options of Alphabet Google Search is still growing, but YouTube ads was down YoY for three consecutive quarters now. Thankfully, Google Cloud maintained the momentum with +28% topline growth. Subscribe The big news in this quarter is Google Cloud became profitable for

Spotify 1Q'23 Earnings Update

Disclosure: I own shares of Spotify Over the last 6 months, Spotify stock has doubled. The business, however, remains largely work-in-progress with users accelerating but operating efficiency yet to reflect in the financials. Here are my notes from today’s earnings. Subscribe Users Spotify experienced its largest two MAU growth

Adobe 1Q'23 Update

Disclosure: I am long shares of Adobe In 2001 and 2002, Adobe's topline went down 3% and 5% respectively. In 2009, revenue went down by 18%! Thanks to shift to subscription and a continued secular momentum in digital content, Adobe will perhaps prove to be a quite resilient

Autodesk 4Q'FY23 Update

Disclosure: I am long shares of Autodesk Subscribe Autodesk met their high end of the topline guidance. While topline grew at High Single Digit (HSD) rate YoY, it was +12% FXN. Subscription revenue, which is ~92% of revenue, was +14% FXN. While Media &Entertainment (M&E) segment was