da-kuk Nutanix (NASDAQ:NTNX) rallied in postmarket trading on Wednesday after sailing past consensus estimates with its FQ4 earnings report. Revenue rose 10.9% year-over-year to $548.0 million for the quarter that ended on July 31. That mark topped the consensus expectation of $537.3 million. The San Jose-based company said annual recurring revenue was up 22% year-over-year … Read more
Nutanix soars after earnings and full-year guidance top expectations MSN Article Source https://www.msn.com/en-us/money/companies/nutanix-soars-after-earnings-and-full-year-guidance-top-expectations/ar-AA1pBfwM?ocid\u003dfinance-verthp-feeds
Cloud computing software maker Citrix Systems Inc. recently forecasted quarterly results below analysts’ expectations, leading to a 14 percent drop in its shares after the market closed. The company cited delays in closing big deals as customers reviewed IT budgets to cut discretionary spending. This warning from Citrix could impact other software companies as well, … Read more
Broadcom, a chipmaker, reported better-than-expected earnings per share of $10.96 and revenue of $12.49 billion compared to LSEG’s consensus estimates for the quarter ending in May. The company expects about $51 billion in sales during its fiscal 2024 year, slightly above consensus expectations. Broadcom’s net income during the quarter was $2.12 billion, or $4.42 per … Read more
Broadcom’s shares saw a significant increase in premarket trading following the release of their impressive earnings report for the second quarter of the fiscal year. The company reported revenue of $12.49 billion, surpassing analyst expectations of $12.06 billion, and adjusted earnings of $10.96 per share, above the expected $10.80 per share. This positive performance led … Read more
Nvidia CEO Jensen Huang assured investors that Nvidia will continue to dominate the market for AI training chips despite increasing competition in the industry. Nvidia’s upcoming Blackwell technology is expected to solidify the company’s position as a leader in the field, with the H100 chips being regarded as one of the most sought-after products in … Read more
The Lenovo ThinkPad L14 Gen 4 Intel laptop has received a lukewarm review from Notebookcheck.net. The review suggests that the laptop is no longer living up to its previous standards. According to the review, the Lenovo ThinkPad L14 Gen 4 Intel falls short in several key areas. The performance of the laptop is lacking compared … Read more
Nutanix (NTNX) reported strong second-quarter fiscal 2024 earnings, surpassing expectations with earnings of 46 cents per share compared to the expected 29 cents. Revenues also grew 16% year over year to $565.2 million, driven by the company’s core hyper-converged infrastructure software and new capabilities. Nutanix continues to see strong adoption of its hybrid multi-cloud solutions … Read more
Broadcom reported their second-quarter results for 2024, showing a significant increase in revenue to $12.5 billion, a 43% jump compared to the same quarter in 2023. However, net income decreased by 39% to $2.12 billion, leading to a profit margin of 17%, down from 40% last year due to higher expenses. Earnings per share (EPS) … Read more
The U.S. Department of Veterans Affairs is facing challenges with Oracle software, which is supposed to help improve patient care. According to Bloomberg News, an internal survey revealed that fewer than 1 in 5 VA healthcare staff believe that Oracle’s product enables them to provide “high-quality care.” The VA, Oracle’s largest public customer in the … Read more