Cheetah Mobile (CMCM) earnings on Mon 21 Nov 2016 (b/o)

** charts after earnings **

  

BEIJING (AP) _ Cheetah Mobile Inc. (CMCM) on Monday reported third-quarter net income of $68,000.

The Beijing-based company said it had net income of less than 1 cent on a per-share basis. Earnings, adjusted for stock option expense, came to 8 cents per share.

The mobile internet company posted revenue of $169.2 million in the period.

For the current quarter ending in December, Cheetah Mobile said it expects revenue in the range of $180 million to $186 million.

Cheetah Mobile shares have dropped 34 percent since the beginning of the year. The stock has fallen 45 percent in the last 12 months.

Snap files for $4B IPO

Snapchat will seek to raise as much as $4 billion in its IPO at a valuation of about $25 billion to $35 billion.
Snapchat’s parent filed the paperwork for an initial public offering with the Securities and Exchange Commission ahead of the presidential election, sources say. An IPO would value Snap at up to $25 billion, making it the largest U.S.-listed technology offering since Chinese e-commerce company Alibaba Group Holding Ltd. made its debut in 2014 at a $168 billion valuation.

Amplify Snack Brands (BETR) reported Q3 earnings on Mon 14 November 2016

** charts after earnings **

** 3 days later **

AUSTIN, Texas (AP) _ Amplify Snack Brands Inc. (BETR) on Monday reported third-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier.

The Austin, Texas-based company said it had profit of 2 cents per share. Earnings, adjusted for non-recurring costs, were 12 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The popcorn and tortilla chip maker posted revenue of $68 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $64.7 million.

Amplify expects full-year earnings in the range of 49 cents to 51 cents per share, with revenue in the range of $268 million to $272 million.

Amplify shares have increased 17 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.47, a rise of 11 percent in the last 12 months.