LinkedIn and OpenTable Shine for Tech Stock Earnings Season

SunPower (NASDAQ:SPWR) had a loss and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net loss increased 74.29% to $144.8 million (+18 cents per diluted share adjusted) in the quarter versus a net loss of $83.08 million in the year-earlier quarter. Revenue rose 20.52% to $679 million from the year-earlier quarter.

reported adjusted net income of 18 cents per share. By that measure, the company beat the mean analyst estimate of $0.15. It missed the average revenue estimate of $768.27 million.

Markets are off to the races and this stock is on fire. Click here to discover it now!

SPWR

Riverbed Technology, Inc. (NASDAQ:RVBD) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Net income increased 128.29% to $46 million (29 cents per diluted share) in the quarter versus a net gain of $20.15 million in the year-earlier quarter. Revenue rose 17.83% to $239 million from the year-earlier quarter.

Riverbed Technology, Inc. reported adjusted net income of 29 cents per share. By that measure, the company met the mean analyst estimate of $0.29. It beat the average revenue estimate of $234.77 million.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

RVBD

OpenTable, Inc. (NASDAQ:OPEN) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased 7.3% to $7.5 million (46 cents per diluted share excluding items) in the quarter versus a net gain of $6.99 million in the year-earlier quarter. Revenue rose 15.68% to $43 million from the year-earlier quarter.

OpenTable, Inc. reported adjusted net income of 46 cents per share. By that measure, the company beat the mean analyst estimate of $0.43. It beat the average revenue estimate of $42.54 million.

Markets are off to the races and this stock is on fire. Click here to discover it now!

OPEN

Linkedin Corporation (NYSE:LNKD) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased 66.18% to $11.5 million (35 cents per diluted share excluding items) in the quarter versus a net gain of $6.92 million in the year-earlier quarter. Revenue rose 81.23% to $304 million from the year-earlier quarter.

Linkedin Corporation reported adjusted net income of 35 cents per share. By that measure, the company beat the mean analyst estimate of $0.19. It beat the average revenue estimate of $279.5 million.

LNKD

Don’t Miss: Do LinkedIn’s Earnings Leave Facebook in the Dust?