Broadcom can grow AI revenues at a 30-35% CAGR says BofA By Investing.com

Broadcom can grow AI revenues at a 30-35% CAGR says BofA By Investing.com

Investing.com — Bank of America analysts believe Broadcom Inc. (NASDAQ:) is poised to see strong growth in its artificial intelligence (AI) revenues, projecting a compound annual growth rate (CAGR) of 30-35% in the coming years.  BofA… Article Source https://www.investing.com/news/stock-market-news/broadcom-can-grow-ai-revenues-at-a-3035-cagr-says-bofa-3703096

Citrix Systems Q1 Profit Plunges; Guides Q2 Revenues, Backs FY09 Revenue Outlook

Citrix Systems Q1 Profit Plunges; Guides Q2 Revenues, Backs FY09 Revenue Outlook

Wednesday, application delivery infrastructure provider Citrix Systems, Inc. (CTXS), Wednesday reported a plunge in profit for the first quarter from the similar quarter of the preceding year. Result included restructuring charges and a 2%… Article Source https://www.rttnews.com/929673/citrix-systems-q1-profit-plunges-guides-q2-revenues-backs-fy09-revenue-outlook.aspx?Arch\u003d1

Will Solid Consulting Revenues Boost IBM’s Q3 Earnings?

Will Solid Consulting Revenues Boost IBM’s Q3 Earnings?

International Business Machines Corporation IBM is scheduled to report third-quarter 2024 earnings on Oct. 23. In the to-be-reported quarter, the company is likely to have recorded higher revenues from the Consulting segment backed by rising… Article Source https://au.finance.yahoo.com/news/solid-consulting-revenues-boost-ibms-122300238.html

Will Higher Software Revenues Benefit IBM’s Earnings in Q3?

Will Higher Software Revenues Benefit IBM’s Earnings in Q3?

International Business Machines Corporation IBM is scheduled to report third-quarter 2024 earnings on Oct. 23. In the to-be-reported quarter, the company is likely to have recorded higher revenues from the Software segment with a strong focus… Article Source https://finance.yahoo.com/news/higher-software-revenues-benefit-ibms-124100040.html

Should You Invest in Hewlett Packard Enterprise Company (HPE) as Its AI Revenues Skyrocket?

Should You Invest in Hewlett Packard Enterprise Company (HPE) as Its AI Revenues Skyrocket?

We recently published a list of 7 Best Software Infrastructure Stocks To Invest In Now. In this article, we are going to take a look at where Hewlett Packard Enterprise Company (NYSE:HPE) stands against the other best software infrastructure… Article Source https://finance.yahoo.com/news/invest-hewlett-packard-enterprise-company-171057694.html

Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

Nutanix NTNX reported fourth-quarter fiscal 2024 non-GAAP earnings of 27 cents per share, which surpassed the Zacks Consensus Estimate by 35% and increased 12.5% year over year. Nutanix’s revenues climbed 11% year over year to $548 million, beating the Zacks Consensus Estimate by 2.02% and the guided range of $530-$540 million. The top line was … Read more

Citrix Reports Decrease in Q2 Earnings, Yet Revenues Rise Year-Over-Year

Citrix Reports Decrease in Q2 Earnings, Yet Revenues Rise Year-Over-Year

Citrix Systems recently reported its second-quarter financial results, with non-GAAP earnings of $1.24 per share, down from $1.53 in the same quarter last year. Revenue for the quarter was $812 million, a 2% increase year-over-year, despite challenges in product and licensing revenues due to a shift towards a subscription-based model. The company is implementing changes … Read more