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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (1093374)	10/25/2018 7:46:08 PM
From: Wharf Rat	1 Recommendation Recommended By sylvester80 Read Replies (1) \| Respond to of 1580273

Tesla reports surprise profit, stock surges Tesla reported its third-ever profit in its eight years as a public company. The electric car-maker blew past expectations for revenue and earnings, reporting adjusted EPS of $2.90 per share on revenue of $6.82 billion. This exceeded average analyst expectations of losses of 15 cents per share on revenue of $6.32 billion. The company brought in an adjusted $516 million for the quarter. The period ending September 30 “was a truly historic quarter for Tesla,” the company said in a statement. “Model 3 was the best-selling car in the US in terms of revenue and the 5th best-selling car in terms of volume.” From insideevs.com: Tesla Q3 Conference Call: Ride Real-Time With Us On Profit Wave Profit secured. The Tesla 2018 Q3 earnings report is in, and as CEO Elon Musk had predicted, the company recorded a profit. And, at $2.90 a share, not a tiny one either. So now, with Tesla bulls ebullient and bears barely able to lift the goal posts they seem to so often be moving, we turn our attention to the quarterly financial call with analysts. Like last time, we will listen live and fill you in on the most notable bits, crossing our fingers for information about what to expect from the company with regards to progress and products.