Category: Financial results

Oracle co-CEO Mark Hurd takes leave of absence, citing health reasons

Oracle co-CEO Mark Hurd takes leave of absence, citing health reasons

Oracle co-CEO Mark Hurd takes leave of absence, citing health reasons 1
Oracle Corp.’s co-chief executive officer Mark Hurd (pictured) is taking a leave of absence from the company due to health reasons. His duties will be assumed by co-CEO Safra Catz and Oracle cofounder and Chief Technology Officer Larry Ellison. In a note to employees Wednesday, Hurd said he’d requested time off to focus on his […]

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Coupa Software reports record quarterly revenue and its stock jumps

Coupa Software reports record quarterly revenue and its stock jumps

Coupa Software reports record quarterly revenue and its stock jumps 2
Payments management software company Coupa Software Inc. is riding high today after smashing expectations on its second quarter earnings and revenue. The company reported earnings before certain costs such as stock compensation of 7 cents per share on record revenue of $95 million, up 54% from a year ago. Wall Street had been expecting Coupa […]

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Workday’s hot streak continues as it beats earnings targets again

Workday’s hot streak continues as it beats earnings targets again

Workday’s hot streak continues as it beats earnings targets again 3
Workday Inc. continued its hot streak as it easily topped expectations for its second-quarter financial results. The company, which sells financial management and human capital management software to companies, reported earnings before certain costs such as stock compensation of 44 cents per share on revenue of $887.8 million, up 32% from a year prior. Wall Street was looking […]

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Zuora stock rallies as subscription services firm posts lower-than-expected loss

Zuora stock rallies as subscription services firm posts lower-than-expected loss

Zuora stock rallies as subscription services firm posts lower-than-expected loss 4
Cloud subscription management services firm Zuora Inc. showed it’s making good progress today with second-quarter financial results that easily beat expectations. The company reported a loss before certain costs such as stock compensation of 9 cents per share on revenue of $69.7 million, up 21% from a year ago. Subscription revenue for the period came […]

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Despite beating earnings expectations, Box sees stock fall again

Despite beating earnings expectations, Box sees stock fall again

Despite beating earnings expectations, Box sees stock fall again 5
Cloud storage company Box Inc. struggled to generate much enthusiasm from its investors today, despite posting second-quarter financial results that beat expectations. The company’s earnings before certain costs such as stock compensation came in at zero cents per share. Revenue rose 16% from a year ago, to $172.5 million. That was better than expected, as Wall Street […]

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Salesforce stock jumps as it Q2 earnings top estimates

Salesforce stock jumps as it Q2 earnings top estimates

Salesforce stock jumps as it Q2 earnings top estimates 6
Salesforce.com Inc. ticked all the boxes today as it reported second quarter earnings that beat forecasts and provided guidance for the next quarter that went beyond what was expected. The company, which sells software for managing customer relationships, reported earnings before certain costs such as stock compensation of 66 cents per share on revenue of […]

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Dropbox beats earnings estimates but stock falls on slower customer growth

Dropbox beats earnings estimates but stock falls on slower customer growth

Dropbox beats earnings estimates but stock falls on slower customer growth 7
Shares in cloud storage company Dropbox Inc. took a beating today after it fell short on a key quarterly metric that indicates future growth and reported its slowest growth in paid users since going public. Dropbox’s second-quarter results were pretty good, though. The company reported a profit before certain costs such as stock compensation of […]

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Dropbox beats earnings estimates but stock falls on slower customer growth

Dropbox beats earnings estimates but stock falls on slower customer growth

Dropbox beats earnings estimates but stock falls on slower customer growth 8
Shares in cloud storage company Dropbox Inc. took a beating today after it fell short on a key quarterly metric that indicates future growth and reported its slowest growth in paid users since going public. Dropbox’s second-quarter results were pretty good, though. The company reported a profit before certain costs such as stock compensation of […]

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Arista Networks beats Q2 earnings targets

Arista Networks beats Q2 earnings targets

Arista Networks beats Q2 earnings targets 9
Shares in cloud networking company Arista Networks Inc. fell slightly in after-hours trading despite solid second quarter financial results that beat expectations. The company reported earnings before certain costs such as stock compensation of $2.44 per share on revenue of $608.3 million. That was well up from the $519.8 million revenue it reported in the […]

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Oracle earnings outperform on cloud applications growth

Oracle earnings outperform on cloud applications growth

Oracle earnings outperform on cloud applications growth 10
Database giant Oracle Corp. delivered relatively strong fourth-quarter earnings today, beating estimates thanks in part to rapid growth in its Fusion and NetSuite cloud applications business. The company reported earnings before certain costs such as stock compensation of $1.16 per share on revenue of $11.1 billion, up 1% from the same period a year ago. Wall Street […]

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