adidas (XETR: ADS.DE) announced its 2023 Q2 financial results on August 3, 2023. According to the announcement, net sales were down 4.5% (YoY, 3 months). In addition, cost of sales was down 5.6%. The company recorded gross margin as 50.9% (3 months; up 0.6 pp, YoY). Moreover, operating profit was down 55.0% and net incomeContinue reading “adidas’ Sales in Latin America was Up 29.8% in 2023 Q2 Results”
Author Archives: Koji Watanabe
Apple’s Service Revenues were Up 8.2% in 2023 Q3
Apple announced its 2023 Q3 financial results on August 3, 2023. According to the announcement, total net sales were down 1.4% (YoY, 3 months). Among these, product sales were down 4.4% and service revenues were up 8.2%. In addition, cost of sales was down 3.6% (YoY, 3 months). In this regard, cost of sales forContinue reading “Apple’s Service Revenues were Up 8.2% in 2023 Q3”
Operating Cash Flow was Up 155.2% in Block’s 2023 Q2 Results
Block (NYSE: SQ) announced its 2023 Q2 financial results on August 23, 2023. According to the announcement, total net revenue was up 25.1% (YoY, 3 months). As for revenues by accounting items, Bitcoin revenue grew the most at up 33.9%. It was followed by subscription and service-based revenue of up 33.5%. Conversely, total cost ofContinue reading “Operating Cash Flow was Up 155.2% in Block’s 2023 Q2 Results”
Mastercard recorded 25% Growth of Net Income in 2023 Q2 Results
Mastercard (NYSE: MA) announced its 2023 Q2 financial results on July 27, 2023. According to the announcement, net revenue was up 14% (YoY, 3 months). Additionally, operating income and net income were up 21% and 25%, respectively. In contrast, growth of operating expenses still remains in single-digit growth, up 5% (YoY, 3 months). As for GrossContinue reading “Mastercard recorded 25% Growth of Net Income in 2023 Q2 Results”
Microsoft’s Net Income was Up 20% in 2023 Q4 Results
Microsoft (NASDAQ: MSFT) announced its 2023 Q4 financial results on July 25, 2023. According to the announcement, total revenue was up 8% (YoY, 3 months). Among them, service and other were up 16% and product was down 6%. In addition, operating income was up 8% and net income was up 20%. Looking at revenue by segment, intelligentContinue reading “Microsoft’s Net Income was Up 20% in 2023 Q4 Results”
Visa recorded Double-Digit Growth of Net Income in 2023 Q3
Visa (NYSE: V) announced its 2023 Q3 financial results on July 25, 2023. According to the announcement, net revenues were up 12% (YoY, 3 months). In addition, operating income and net income were up 21% and 22%, respectively. In this regard, the Increase of the company’s profits could be attributable to reduction in operating expenses.Continue reading “Visa recorded Double-Digit Growth of Net Income in 2023 Q3”
Operating Cash Flow was Up 88% in Teladoc’s 2023 Q2 Results
Teladoc Health (NYSE: TDOC) announced its 2023 Q2 financial results on July 25, 2023. According to the announcement, revenue was up 10% (YoY, 3 months). Loss from operations was 71,645 thousand USD in 2023 Q2 (3 months). It was 3,096,552 thousand USD in 2022 Q2. In addition, net loss was 65,177 thousand USD in 2023Continue reading “Operating Cash Flow was Up 88% in Teladoc’s 2023 Q2 Results”
Alphabet’s Operating Cash Flow was Up 47.6% in 2023 Q2
Alphabet (NASDAQ: GOOGL) announced its 2023 Q2 financial results on July 25, 2023. According to the announcement, revenues were up 7.1% (YoY, 3 months). On the other hand, income from operations was up 12.3% and net income was up 14.8% (YoY, 3 months). Looking at revenue growth by services, Google Cloud showed the highest growthContinue reading “Alphabet’s Operating Cash Flow was Up 47.6% in 2023 Q2”
Operating Cash Flow was Up 30% on Year-over-Year Basis in Tesla’s 2023 Q2 Results
Tesla (NASDAQ: TSLA) announced its 2023 Q2 financial results on July 19, 2023. According to the announcement, total revenues were up 47% (YoY, 3 months). Total gross profit was up 7% and income from operations was down 3% (YoY, 3 months). On the other hand, net income attributable to common shareholders (GAAP) was up 20%Continue reading “Operating Cash Flow was Up 30% on Year-over-Year Basis in Tesla’s 2023 Q2 Results”
Watanabe & Brothers’ Investment announced 2023 Q1 Financial Results
(Tokyo, JAPAN) Watanabe & Brothers’ Investment today issued 2023 Q1 quarterly results of Orphan Fund. Despite the challenging macroeconomic environment, our fund recorded 13% growth with respect to 2022 Q1 (JPY). As you may be aware, this was partially thanks to the stronger US dollar exchange rate. However, most of holding stocks recorded the strongerContinue reading “Watanabe & Brothers’ Investment announced 2023 Q1 Financial Results “