_top-stories-124-tesla-and-fitbit-beat-on-earnings.jpg "Top Stories | Tesla and Fitbit Beat on Earnings from earnings forecast for the first month of marquiz Video Screenshot Preview")
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⏲ Duration: 7 min 47 sec
✓ Published: 05-May-2016
✓ Published: 05-May-2016
Description:
Tesla reported its first-quarter results late Wednesday that surprised Wall Street, announcing $1.6 billion in revenue and a narrower-than-expected adjusted loss per share of .57 cents. The electric car maker raised its forecast for capital spending this year by 50 percent to $2.2 billion and said that it expects production and deliveries of the model three to happen in late 2017. Fitbit’s first-quarter earnings also out-performed Wall Street’s expectations on Wednesday, yet shares fell ove
Tesla reported its first-quarter results late Wednesday that surprised Wall Street, announcing $1.6 billion in revenue and a narrower-than-expected adjusted loss per share of .57 cents. The electric car maker raised its forecast for capital spending this year by 50 percent to $2.2 billion and said that it expects production and deliveries of the model three to happen in late 2017. Fitbit’s first-quarter earnings also out-performed Wall Street’s expectations on Wednesday, yet shares fell ove
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