On Monday, we rounded up the quarterly earnings from Wall Street's biggest firms, and now it's time to take a look around Silicon Valley.
And so now, we take a look at what nine of America's biggest tech companies have reported for the quarter.
There were quite a few surprises as the tech sector reported mixed results. Four companies beat expectations for both earnings and revenues, while another four beat just earnings expectations.
Of course, these are not the only measures Wall Street looks at, and Wall Street found other data that they found troubling.
Only one company missed on earnings and actually lost money this quarter. Scroll through to find out who it was.
SEE ALSO: Here's how much money Wall Street's biggest banks made this quarter
Netflix
Announced on: July 15
Revenue: $1.64 billion
Net Income: $26.3 million
EPS: $0.06
Comment:Netflix shares gained 18% on July 15, after the company announced better-than-expected earnings. Shares have more than doubled this year, making Netflix by far the best performing member of the S&P 500. The company also surpassed 65 million subscribers this quarter. In a letter to shareholders, CEO Reed Hastings attributed the growth to the "growing strength" of Netflix's original programming such as Grace and Frankie, Marvel's Daredevil and Orange is the New Black.
Intel
Announced on: July 15
Revenue: $13.2 billion
Net Income: $2.7 billion
EPS: $0.55
Comment: Intel surprised Wall Street by beating both the expected revenue of $13.04 billion and the expected EPS of $0.50. The surprise sent shares up as much as 8% on the day of the release. Leading the strong quarter were the Data Center Group and the Client Computing Group which had $1.8 billion and $1.6 billion in operating profits, respectively.
"Second-quarter results demonstrate the transformation of our business as growth in data center, memory and IoT accounted for more than 70 percent of our operating profit and helped offset a challenging PC market,"Intel CEO Brian Krzanich said in a press release.
Announced on: July 16
Revenue: $17.7 billion
Net Income: $4.8 billion
EPS: $6.99
Comment: Google beat the expected EPS of $6.73 but fell a bit short of the expected revenue of $17.79 billion. Nevertheless, the strong earnings as well as comments by new CFO Ruth Porat sent Google shares up 14%— the biggest one-day rally in the company's history. Porat assured investors that Google would work to control costs, while continuing to follow the company's "70/20/10" rule. Simply puy, this rule dictates that 70% of Google's time, money and efforts go towards core competencies, 20% goes towards related projects, and 10% goes towards more far-reaching projects like smart contact lenses and internet balloons.
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