Tuesday, 3 May 2022

Sources: Elon Musk told potential investors he plans to stage an IPO for Twitter in as little as three years after buying it (Wall Street Journal)


via Techmeme https://ift.tt/LQqWDsd

Lyft reports Q1 revenue of $875.6M, up 44% YoY, vs $844.5M est., and a net loss of $196.9M, but misses on 17.8M active riders, vs 18M expected; stock down 25%+ (Jackie Davalos/Bloomberg)


via Techmeme https://ift.tt/iX4P9dy

Match Group Q1: revenue of $799M, up 20% YoY, vs $794M est., operating income up 10% YoY to $208M, CEO Shar Dubey to step down but stay on board; stock down 5%+ (Reuters)


via Techmeme https://ift.tt/mYyblfC

AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up 33% YoY, and $2.5B from Enterprise, Embedded and Semi-Custom, up 88% YoY (Kif Leswing/CNBC)


via Techmeme https://ift.tt/ePbOgzh

Airbnb Q1: nights and experiences up 59% YoY to 102.1M, vs 100.9M est., revenue up 70% YoY to $1.51B, vs $1.45B est., and a $19M net loss, down from $1.2B YoY (Jessica Bursztynsky/CNBC)


via Techmeme https://ift.tt/PfuvymU