quarter

Netflix had its biggest quarter ever of new subscribers

Netflix reported fourth-quarter and 2024 results on Tuesday.The streaming service added 19 million paid subscribers in the quarter.Netflix will no longer report subscriber counts starting in 2025.The number of new Netflix subscribers rose again during the fourth quarter to reach historic proportions.The streaming service added 19 million new paid users…

Lululemon’s international sales were its saving grace this quarter

A bright spot on Lululemon’s horizon was its robust growth in international markets.Its international sales increased 33% in Q3 of 2024, compared to 2% in the Americas.China, in particular, was a strong market for the brand this quarter.Lululemon’s robust growth in its international markets — particularly China — made up…

Microsoft forecasts slower cloud business growth in second quarter By Reuters

By Deborah Mary Sophia, Aditya Soni and Anna Tong (Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big AI investments were not enough to keep pace with capacity constraints at its data centers. Shares of the Redmond, Washington-based…

Saratoga Investment reports strong second quarter results By Investing.com

Saratoga Investment Corp (NYSE: NYSE:), a provider of financial services to middle-market companies, reported robust financial results for its fiscal second quarter ending August 31, 2024. The company announced an annualized dividend of $0.74 per share, reflecting a yield of 12.7% based on the current stock price. Adjusted net investment…