SBA Beats Expectations, Raises Guidance Once Again in the First Quarter

SBA Communications SBAC notched another strong firstquarter result, highlighted by better-than-expected earnings and another guidance upgrade. First-quarter revenues grew by 62% year over year to $313 million–roughly 4% above consensus. The growth was driven by a 64.1% increase in the firm’s tower base, which now stands at 17,539. Once again, however, SBA’s growth was in both quality and quantity. The firm was able to expand … Continue reading SBA Beats Expectations, Raises Guidance Once Again in the First Quarter

Five Things Which You Didn’t Know About Twitch, Amazon.com, Inc. (NASDAQ:AMZN)’s Recent Acquisition

Amazon.com, Inc. (NASDAQ:AMZN) announced on Monday that it had acquired Twitch for $970 million. What is it about the video game streaming platform that had major companies like Amazon and Google Inc (NASDAQ:GOOGL) vying for its hand? Twitch is an exponentially growing video game live streaming website The operative word here is ‘exponentially growing’. Twitch currently has over one million users who broadcast their content … Continue reading Five Things Which You Didn’t Know About Twitch, Amazon.com, Inc. (NASDAQ:AMZN)’s Recent Acquisition

Top Wall Street Stories: China Sunergy (NASDAQ:CSUN), Twitter (NYSE:TWTR), Rexahn Pharmaceuticals (NYSEMKT:RNN), STR (NYSE:STRI), Hersha Hospitality (NYSE:HT)

China Sunergy Co. Ltd. (NASDAQ:CSUN) belongs to Technology sector. Its net profit margin is -13.40% and weekly performance is -6.88%. On last trading day company shares ended up $2.98. China Sunergy Co. Ltd. (NASDAQ:CSUN) distance from 50-day simple moving average (SMA50) is -3.05%. Twitter Inc. (TWTR) announced today that it is expanding its Twitter Ads platform to 12 new markets in Central and Eastern Europe. … Continue reading Top Wall Street Stories: China Sunergy (NASDAQ:CSUN), Twitter (NYSE:TWTR), Rexahn Pharmaceuticals (NYSEMKT:RNN), STR (NYSE:STRI), Hersha Hospitality (NYSE:HT)