Tech Week Ahead: A Look At Quarterly Reports

Jul 23, 2012
Originally published on July 23, 2012 5:19 pm
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AUDIE CORNISH, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

I'm Robert Siegel. And it's time now for All Tech Considered.

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SIEGEL: Steve Henn joins us now from Silicon Valley. And, Steve, what stories will you be following this week?

STEVE HENN, BYLINE: Well, its earnings week on Wall Street, and a couple big companies based here will release their quarterly reports, including Facebook. Facebook will report its results for the first time ever as a public company on Thursday. Now, Facebook's initial public offering preformed fairly poorly. Its stock has lost close to a third of its value since it began trading. And this earnings report will give all of us our first glimpse of whether or not the company is on track to turn that around.

SIEGEL: And we'll be watching this week. Thank you, Steve.

HENN: My pleasure.

SIEGEL: That's NPR's Steve Henn in Silicon Valley. Transcript provided by NPR, Copyright NPR.