However, the chipmaker also noted that it anticipates about a 15 percent year-over-year reduction in handset shipments in the fourth quarter due to COVID-19. …read more Source:: Open Source S
Tag: estimates
Zoom’s Q1 lives up to hype, crushes estimates and outlook doubles Wall Street view
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•There was some question whether Zoom’s move to become a household name would turn up in the financials. Zoom’s first quarter figures put that question to rest. …read more Source:: Open Source S
New Relic beats Q2 estimates
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•Cornerstone and Five9 reported better-than-expected third quarter results …read more Source:: Open Source S
Ericsson estimates SEK12 billion hit to resolve US probes
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•Ericsson president and CEO said his company has to recognise it failed in the past. …read more Source:: Open Source S
Adobe Q3 tops estimates, outlook light
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•Adobe’s non-GAAP earnings in the quarter were $2.05 a share on revenue of $2.83 billion, up 24% from a year ago. …read more Source:: Open Source S
Okta, Nutanix, Zuora beat earnings estimates
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•Shares of Okta were down in after-hours trading after the cloud identity management company delivered a mixed Q3 outlook. …read more Source:: Open Source S
Box tops Q2 estimates, issues strong full year guidance
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•The enterprise cloud company reported $172.5 million in revenue, up 16% year over year. …read more Source:: Open Source S
BlackBerry Q1 beats estimates as Cylance business rings up $51 million in revenue
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•This is the first quarterly report since BlackBerry reorganized into three business units: IoT, BlackBerry Cylance, and Licensing. …read more Source:: Open Source S
Earnings roundup: Zuora, Okta beat estimates, Nutanix misses on revenue
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•Zuora’s shares tanked after hours on lower than expected guidance. …read more Source:: Open Source S
BlackBerry Q4 tops estimates on strong IP and licensing revenue
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•CEO John Chen noted on the company’s earnings conference call that BlackBerry will reorganize into three business units for fiscal 2020. …read more Source:: Open Source S