estimates

Hewlett Packard Enterprise Q2 2024 Earnings Report: Revenue Exceeds Estimates, EPS Falls Short – Simply Wall St

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Hewlett Packard Enterprise (HPE) reported their second quarter earnings for 2024, with revenue surpassing expectations but earnings per share falling short. The company, known for its technology solutions, saw strong sales in certain segments, contributing to the overall revenue growth. However, despite this positive performance, the earnings per share did not meet analyst forecasts. Overall, … Read more

Citrix Systems Reports Meeting Q1 Earnings Estimates

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Citrix Systems Reports Meeting Q1 Earnings Estimates

Citrix Systems (CTXS) reported earnings of $1.42 per share, meeting expectations but down from $1.73 per share a year ago. Revenues for the quarter ended March 2021 were $775.77 million, missing the consensus estimate of $860.95 million. Despite this, the company has surpassed revenue estimates three out of the last four quarters. Citrix shares have … Read more

Nvidia beats revenue estimates in quarter, reveals stock split plan

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Nvidia beats revenue estimates in quarter, reveals stock split plan

Nvidia has predicted that their revenue for the second quarter will surpass expectations, and they have also announced a 10-for-one forward stock split. This news has pleased investors, who have seen the chipmaker’s market value triple in the last year due to optimism surrounding artificial intelligence. Nvidia’s optimistic forecast for the second quarter comes as … Read more

These 6 AI stocks tend to see gains when Nvidia beats estimates

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These 6 AI stocks tend to see gains when Nvidia beats estimates

A recent analysis by CNBC Pro suggests that six AI-related stocks tend to react positively to Nvidia’s quarterly results. This analysis comes ahead of Nvidia’s first-quarter earnings report, set to be released after the market closes on Wednesday. The five U.S.-listed stocks (Super Micro Computer, AMD, Marvell Technology, Vertiv, and Synopsys) along with Japan-listed Advantest … Read more

Broadcom fiscal Q1 results top estimates on VMware-led surge in software demand

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Broadcom fiscal Q1 results top estimates on VMware-led surge in software demand

Investing.com – Broadcom reported Thursday fiscal first-quarter results that topped Wall Street estimates as its growth in its software business was bolstered the acquisition of VMware (NYSE: VMW). Broadcom Inc (NASDAQ: AVGO) fell more than 3% in after-hours trade following the report. Broadcom reported adjusted earnings of $10.99 per diluted share on revenue of $11.96B. … Read more