Category: revenue

Palantir and the great revenue mystery
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Palantir and the great revenue mystery

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. You can subscribe to the newsletter here if you haven’t yet.Ready? Let’s talk money, startups and spicy IPO rumors. As I write to you on Friday afternoon,…

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Apple will miss revenue forecast as coronavirus impacts its manufacturing, sales
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Apple will miss revenue forecast as coronavirus impacts its manufacturing, sales

Today Apple announced that its prior financial forecast, provided during its January earnings cycle, is no longer valid. In a letter to investors today, the technology giant said that it “do[es] not expect to meet the revenue guidance we provided for the March quarter” due to impacts stemming from the coronavirus that has shuttered large…

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Oyo’s revenue surged in FY19, but loss widened, too
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Oyo’s revenue surged in FY19, but loss widened, too

Budget-lodging startup Oyo reported a loss of $335 million on $951 million revenue globally for the financial year ending March 31, 2019, and pledged to cut down on its spending as the India-headquartered firm grows cautious about its aggressive expansion. The six-year-old startup’s growing revenue, up from $211 million in financial year ending March 31,…

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Huawei’s revenue hits record $122B this year despite U.S. sanctions, forecasts ‘difficult’ 2020
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Huawei’s revenue hits record $122B this year despite U.S. sanctions, forecasts ‘difficult’ 2020

Huawei reported resilient revenue for 2019 on Tuesday as the embattled Chinese technology group continues to grow despite prolonged American campaign against its business, but cautioned that growth next year could prove more challenging. Eric Xu, Huawei’s rotating chairman, wrote in a New Year’s message to employees that the company’s revenue has topped 850 billion…

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Revenue train kept rolling all year long for Salesforce
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Revenue train kept rolling all year long for Salesforce

Salesforce turned 20 this year, and the most successful pure enterprise SaaS company ever showed no signs of slowing down. Consider that the company finished the year on an $18 billion run rate, rushing toward its 2022 revenue goal of $20 billion. Oh, and it also spent a tidy $15.7 billion to buy Tableau this…

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Chargify adds revenue forecasting tools to its suite of hosted payment management services
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Chargify adds revenue forecasting tools to its suite of hosted payment management services

Chargify, the payment management service owned by Scaleworks, has added revenue forecasting tools to its software as a service offering. The company’s new revenue forecasting tools uses historical data and month-over-month performance pulled from a company’s billing platform. The company says its new tool can cut forecasting down from two months to as little as two…

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