Tag Archives: bad-request

Sprint Q2 Brighter; SoftBank Support, Cash Burn Key

Sprint (S) turned in better-than-expected subscriber metrics in the June quarter, but whether its poor financial condition will doom a turnaround is still Wall Street’s worry. Sprint burned $2.2 billion in cash in its fiscal Q1 ended June 30, while revenue fell 8.7%. SoftBank CEO Masayoshi Son made a surprise appearance on Sprint’s earnings call, aiming to ease worries over its strategy and liquidity, which stands at $6.6 billion plus $1.3 billion

Apple experiences gravity, falls on growth concerns

Apple (AAPL) stock endured a second straight day of heavy selling Tuesday as institutional investors bet that the company is entering a slow-growth stage. Apple stock fell as much as 4.4% on Tuesday in above-average trading volume, to a six-month low. In afternoon trading, Apple was down 3%, near 115, on the stock market today. Apple hit an all-time, split-adjusted high of 134.54 on April 28. It had been as high recently as 132.97 on July 20, but

Qualys Up But Lags In Hiring Sales, Marketing Staff

Qualys (QLYS) stock rose as much as 18% Tuesday after the online security vendor reported second-quarter earnings that crushed Wall Street’s forecast, but analysts worry that its sales hiring is too slow. In Q2, Qualys reported revenue up 23% vs. the year-earlier quarter and non-GAAP EPS of 16 cents. Revenue was in line with analysts’ forecasts, and earnings per share minus items beat the consensus of 14 analysts polled by Thomson Reuters by 5