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
Hewlett Packard Enterprise (NYSE:HPE) recently delivered a 26% return to its shareholders. However, this return actually lagged behind the company’s year-over-year earnings growth. The information was reported by Simply Wall Street, a financial analysis platform. Article Source ” https://simplywall.st/stocks/us/tech/nyse-hpe/hewlett-packard-enterprise/news/the-26-return-delivered-to-hewlett-packard-enterprises-nysehRhttps://simplywall.st/stocks/us/tech/nyse-hpe/hewlett-packard-enterprise/news/the-26-return-delivered-to-hewlett-packard-enterprises-nyseh/amp
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
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