Technology, Earnings | featured news

Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up.

Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices.

Zynga posted first quarter 2013 earnings that beat analysts expectations, but shares are trading down after-hours on future outlook.

A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulent week. Quarterly earnings for the country's largest provider of computer services fell short of forecasts for the first time since 2005.Read more on NewsOK.com

Yahoo said its profit rose 36% as the struggling Internet pioneer showed signs of continuing its slow but steady rebound under Mayer. But its shares fell after-hours on signs of decay in sales of display ads.

Fresh off its partnership announcement with Facebook last week on the Android-based Facebook Home, HTC had news of a more troubling nature to share with investors Monday — its quarterly earnings report. The company, reported profits had fallen 98 percent from the same period last year to $2.83 million. The Associated Press reported this was the firm’s lowest quarterly profit on record.

Hewlett-Packard Co.'s first-quarter earnings declined 16% as the technology giant continued to see weaker sales in its core personal computer business, though adjusted profits beat the company's expectations.

LinkedIn reported fourth quarter 2012 earnings that beat Street expectations, sending shares soaring in late trading.

Zynga reports a sharp drop in its losses in the last three months of 2012, as revenues at the designer of games including Farmville stabilised.

The China-based search engine Baidu this afternoon reported Q4 results that were a smidgen ahead of the Street consensus estimates.