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Transcripts For CNBC Squawk Alley 20240622

Getting hit even though earnings and revenue topped estimates. Shares were up more than 14 at one point yesterday afterhours but started to fall during the call and down about almost 8 . Some of the drop probably attributed to investor concerns over the direction of the advertising portion of the business. John, display ads, decelerating faster quarter on quarter and the stock chart looking at it afterhours its like a roller coaster literally. Feels like they did the math, investors anyway figuring out okay, they raised guidance but when you consider that there was this benefit from them integrating in early, that basically goes away and it ends up being a bit of a guide down based on what youd expect sequentially and then yes, this display advertising thing, premium display, weve seen the impact programmatic, linkedin was one of the first to single it out a quarter ago, it hit yelp, hitted linkedin in, too. They have a diversified business. This isnt all of linked in by any stretch an

61st Dornbirn GFC Global Fiber Congress: 2nd Dornbirn GFC Innovation Days September 14-16, 2022, Dornbirn Austria

61st Dornbirn GFC Global Fiber Congress: 2nd Dornbirn GFC Innovation Days September 14-16, 2022, Dornbirn Austria
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