Tech

Uber Technologies First Quarter Revenue, Loss Beat Market’s Expectations

Uber Technologies First Quarter Revenue, Loss Beat Market’s Expectations

Uber Technologies (UBER), a ride-sharing and hailing service, reported its first quarterly results as a listed firm late on Thursday, with results ahead of market forecasts and also at or near the high end of the company’s own guidance. Revenue increased to $3.10 billion during the three months that ended March 31, up from $2.58 billion a year ago, beating […]

Dell First Quarter Adjusted Earnings Surpass Analysts’ Estimates

Dell First Quarter Adjusted Earnings Surpass Analysts’ Estimates

Dell Technologies (DELL) posted a modest uptick in revenue during its fiscal first quarter while adjusted earnings per share beat analysts’ estimates, bolstered by coverage expansion in the company’s client solutions group segment. The Round Rock, TX.-headquartered manufacturer of laptops and electrical devices reported revenue of $21.91 billion in the three months ended May 3, up 3% from the corresponding […]

WellCare CEO, CFO to Join Centene Executive Leadership Team on Merger Completion

Centene (CNC), which is acquiring fellow healthcare insurer WellCare Health Plans (WCG), said Friday that WellCare’s current CEO and CFO will join the combined company in executive leadership positions.  WellCare’s CEO Ken Burdick and CFO Drew Asher will report directly to Michael Neidorff, CEO of Centene, the company said.  Centene said it will provide further information on the combined company’s […]