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CommScope beats estimates for earnings, revenue as it continues to reshape its business
The Hickory-based broadband equipment company reported a big net loss of $97.6 million in the first quarter. But it did mark improvement year over year and posted strong results in sales and adjusted earnings......»»
Microsoft weathers the coronavirus pandemic, posting earnings boost from its cloud business
One of the world's most valuable companies grew as at-home workers turned to its Web-based services......»»
Veeva Systems stock rallies as earnings, outlook beats Street
Veeva Systems Inc. shares rallied in the extended session Tuesday after the cloud-based software company's results and outlook topped Wal.....»»
Microsoft earnings trounce expectations, but Azure growth rate continues to shrink
Microsoft Corp. easily trumped expectations with an earnings report Wednesday afternoon that displayed double-digit percentage gains in profit and sales, but shares dipped in late trading as the Azure cloud business’s growth rate continued to decline......»»
Microsoft earnings trounce expectations, but Azure growth continues to shrink
Microsoft Corp. easily trumped expectations with an earnings report Wednesday afternoon that displayed double-digit percentage gains in profit and sales, but shares dipped in late trading as the Azure cloud business’s growth rate continued to decline......»»
Oracle continues cloud push with new hires and more data centers
Oracle is continuing its campaign for dominance in the cloud against rivals like Microsoft and Amazon — this time by ramping up hiring. Reuters reports that Redwood City-based Oracle Corp. (NYSE: ORCL) plans to add about 2,000 new workers world.....»»
Microsoft beats revenue estimates on cloud boost
The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share......»»
Earnings Results: Microsoft touches $1 trillion valuation after earnings
Microsoft Corp. shares are climbing toward a $1 trillion valuation as cloud growth continues to boost the company’s finances......»»
Earnings Results: Microsoft heads toward $1 trillion valuation after earnings
Microsoft Corp. shares rose in the extended session Wednesday, pushing the tech giant toward a $1 trillion valuation as cloud growth continues to boost the company’s finances......»»
Microsoft Again Beats Street On Cloud Computing Strength
Microsoft Corporation (NASDAQ: MSFT) reported a strong third-quarter earnings beat Wednesday on the back of continuing strength in its cloud computing business, coming in at $1.14 per share to top analysts’ estimates by 14 cents. read more.....»»
Universal Technical Institute continues to bleed red ink in latest earnings report
Scottsdale-based Universal Technical Institute (NYSE: UTI) continues to bleed red ink in a major way. The provider of automotive technical training reported a net loss of $8.9 million on revenue of $80.7 million for the quarter ended March 31, acc.....»»
Salesforce (CRM) Beats on Q1 Earnings, Raises FY19 View
Salesforce (CRM) posts impressive first-quarter fiscal 2019 results backed by robust adoption of cloud-based services. Salesforce.com Inc. CRM reported splendid first-qu.....»»
Microsoft"s Cloud Continues to Fuel Growth
Microsoft’s revenue from server products and cloud services grew 26% in the fiscal fourth quarter as both revenue and earnings beat expectations......»»
Okta"s Blistering Growth Continues
The cloud-based identity specialist turned in another impressive earnings report......»»
Earnings Results: Alibaba posts loss due to anti-monopoly fine but beats revenue expectations
Alibaba Group Holding Ltd. swung to a loss for its March quarter as the company faced an anti-monopoly fine, but the Chinese e-commerce giant topped revenue expectations for the period amid continued momentum for its online marketplaces......»»
Itron, Microsoft collaborate on scalable cloud-based MDM service to customers
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Mesa Air reports positive quarterly earnings; bets on future of electric aircraft
Phoenix-based Mesa Air Group Inc. continues to post positive earnings reports as the company resumes more flights and as it expands past its legacy business operations......»»
"Redmond delivers another cloud masterpiece": 4 Wall Street analysts on Microsoft"s latest earnings report
Microsoft turned in 19% revenue growth and 45% EPS growth year-over-year in its fiscal Q3 earnings release, bu.....»»
Earnings Previews: Amazon, First Solar, Nio, Twitter
Earnings season continues with four notable stocks reporting March quarter results after the bell on Thursday......»»
Microsoft reports "impressive" Q3 as cloud momentum continues, says Oppenheimer
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»