Nutanix (NTNX) recently released its third-quarter 2024 results. The company reported earnings per share of 28 cents, beating analyst estimates of 16 cents. Additionally, Nutanix reported revenue of $524.58 million, surpassing the expected revenue of $516.18 million. The data for this report was collected and analyzed by InvestorPlace Earnings, a tool that automates coverage of … Read more
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
Hewlett Packard Enterprise (HPE) exceeded expectations with quarterly earnings of $0.42 per share, compared to $0.52 per share a year ago. This marks an earnings surprise of 10.53%, as the company has consistently surpassed EPS estimates over the last four quarters. Revenues also outperformed, reaching $7.2 billion, up from $6.97 billion last year. While HPE’s … Read more
The US Department of Justice is conducting an antitrust investigation into Nvidia, a leading AI chip maker, due to the high demand for their artificial intelligence chips. The company recently reached a market value of over $3 trillion, surpassing Apple to become the second most valuable company in the world. The Federal Trade Commission is … Read more
Nutanix, a company in the IT industry, is experiencing a period of growth and success. This can be attributed to its ability to adapt to the changing needs of enterprise IT infrastructure. While some may credit Nutanix’s success to capitalizing on market confusion caused by Broadcom’s acquisition of VMware, there is more to it than … Read more
Nvidia thrived in its latest earnings season, surpassing revenue and earnings expectations. CEO Jensen Huang’s optimistic outlook and robust revenue guidance highlighted the significance of AI chips in transforming data centers. Revenue for the first quarter of fiscal 2025 surged 262% year over year to $26.04 billion, surpassing analyst forecasts. Adjusted earnings per share also … Read more
Nvidia, a leading company in the field of artificial intelligence, reported strong first quarter results that surpassed expectations. The company’s revenue hit a record high due to increased demand for its AI accelerators, with data center revenues reaching new heights. Nvidia also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend. … Read more