Hewlett Packard Enterprise (HPE) reported revenue of $7.2 billion for the quarter ending April 2024, up 3.3% from the same period last year. EPS was $0.42, compared to $0.52 in the prior-year quarter. The reported revenues exceeded the Zacks Consensus Estimate of $6.81 billion by 5.72%, with a per-share surprise of 10.53%. Key metrics monitored … Read more
Nutanix, Inc. (NASDAQ:NTNX) exceeded expectations with its third-quarter earnings, posting an adjusted earnings per share of 28 cents, surpassing the market forecast of 17 cents per share. The company reported quarterly sales of $524.577 million, higher than expectations of $516.183 million. CEO Rajiv Ramaswami highlighted the solid performance, attributing it to disciplined execution and the … Read more
Nutanix (NTNX) reported strong third-quarter fiscal 2024 results, with non-GAAP earnings of 28 cents per share, surpassing the Zacks Consensus Estimate by 64.71%. Revenues increased 17% year over year to $524.6 million, primarily driven by growth in hyper-converged infrastructure software. Annual Contract Value (ACV) billings jumped 20% to $288.9 million. Product revenues increased 20.2% to … Read more
In today’s market rundown, Jim Cramer discusses the latest news impacting various stocks. CrowdStrike saw an increase in stock prices following a strong showing in cybersecurity and an optimistic forecast. Cramer praised the company’s performance and predicted that its stock may surpass previous highs. On the other hand, Hewlett Packard Enterprise experienced a 12% jump … Read more
is abuzz with excitement as analysts scramble to adjust their price targets for HPE stock following the company’s strong performance driven by AI technology. Hewlett Packard Enterprise (HPE) has seen a surge in profits thanks to its innovative use of artificial intelligence, prompting analysts to reevaluate the stock’s potential. HPE’s utilization of AI in its … Read more
Amazon Connect has introduced time zone support for forecasting, which makes it easier for contact center managers to predict future demand. This update allows businesses to generate, view, and download forecasts in their local time zone. The feature also automatically adjusts forecasts for daylight saving time changes, ensuring accuracy in predictions. For example, if a … Read more
Nutanix (NTNX) is expected to announce quarterly earnings of $0.17 per share, a 325% increase compared to the previous year. Analysts predict revenue of $516.13 million, up 15.1% year over year. Analysts have not changed their consensus EPS estimate in the last 30 days, indicating a solid confidence in their initial assessments. It is crucial … Read more
Step into the world of boundless opportunities in the global Storage Adapters market with INFINITY BUSINESS INSIGHTS as your trusted partner. Our report goes beyond mere information; it’s your gateway to unlocking unparalleled potential. Dive deep into the market’s intricacies, exploring End User insights, Types, Applications, Major Players, and more. With our global forecast spanning … Read more
VMware, Inc. VMW is expected to report second-quarter results, after the closing bell on Aug. 31, 2023. Analysts expect the company to post quarterly earnings at $1.71 per share, up from year-ago earnings of $1.64 per share. The company’s revenue might come in at $3.46 billion, compared to $3.34 billion in the year-ago period. VMware … Read more
As businesses continue to expand their operations and embrace cloud-based technologies, the demand for Software-Defined Wide Area Networking (SD-WAN) solutions is projected to soar. In a recent report, technology research firm Gartner forecasted a massive growth in the SD-WAN market, reaching a value of $5.25 billion by 2023, and a compound annual growth rate (CAGR) … Read more