Category: guidance

Zoom delivers another strong quarter, but investor enthusiasm wanes

Zoom delivers another strong quarter, but investor enthusiasm wanes

Zoom delivers another strong quarter, but investor enthusiasm wanes 1
Zoom Video Communications Inc. might be wondering what it did wrong today after seeing its shares fall despite reporting solid financial results and a strong outlook. The company, which sells highly regarded video conferencing software that can run on every kind of device, reported second-quarter earnings before certain costs such as stock compensation of 2 […]

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Slack falls on bigger than expected loss forecast

Slack falls on bigger than expected loss forecast

Slack falls on bigger than expected loss forecast 2
Slack Technologies Inc. has delivered its first quarterly results since going public, easily beating market expectations. However the company failed to update its daily active user count and guidance for the next quarter and full year came in light, and its stock fell more than 13% in after-hours trading. The workplace collaboration software company reported […]

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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 3
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 4
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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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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Oracle earnings outperform on cloud applications growth

Oracle earnings outperform on cloud applications growth

Oracle earnings outperform on cloud applications growth 7
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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Adobe’s stock on the rise as it reports record revenue

Adobe’s stock on the rise as it reports record revenue

Adobe’s stock on the rise as it reports record revenue 8
Creativity software firm Adobe Inc. saw its shares rise more than 4% in after-hours trading today after posting second-quarter financial results that beat expectations. The company, which sells the popular Photoshop image editing tool as well as a range of cloud marketing technology services, reported earnings before certain costs such as stock compensation of $1.83 […]

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Investors dump Pivotal Software on poor outlook

Investors dump Pivotal Software on poor outlook

Investors dump Pivotal Software on poor outlook 9
Software development company Pivotal Software Inc. was hung out to dry by investors today after slashing its revenue targets for its second quarter and fiscal 2020, blaming what it said were “sales execution” issues and a “complex technology landscape.” The company’s stock plunged more than 28% in the after-hours trading session as investors decided enough […]

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Box takes another battering after lowering revenue guidance

Cloud storage company Box Inc. took a real battering today, with its stock falling almost 14% in after-hours trading. The reason for the drop was an updated full-year revenue outlook that fell well short of analysts’ estimates. Box actually did quite well in the quarter just gone. It reported a first-quarter loss before certain costs […]

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