Adobe reported second quarter earnings that were higher than what analysts’ expected. Revenue, too, topped analysts’ estimates. The software company’s adjusted earnings during the quarter ended June 3 came in at $3.35 per share, compared to the $3.31 per share expected by analysts, according to Refinitiv. Revenue rose +14% from the year-ago quarter to $4.39 billion ,also exceeding analysts’...
Intellicheck reported its first quarter earnings that exceeded analysts’ expectations. The identity validation solutions company incurred loss of ($0.08) per share for the quarter, narrower than the ($0.10) anticipated by analysts, Fidelity Earnings reports. The company had a loss of ($0.06) a share. Revenue surged +19% from the year-ago quarter to $3.4 million, beating analysts’ estimate by...
DocuSign posted its first quarter earnings that missed the Street expectations. The digital signature company’s adjusted earnings for the quarter ended April 30 came in at 38 cents per share, below the 46 cents per share as expected by analysts (according to Refinitiv poll). Revenue for the quarter rose +25% from the year-ago quarter to $588.7 million, compared to $581.8 million expected by...
American Software reported its fiscal fourth quarter earnings that topped the Zacks Consensus Estimate . The company’s adjusted earnings for the quarter ended April 2022 came in at $0.13 per share, compared to the Zacks Consensus Estimate of $0.08 per share. The figure is also higher than the year-ago quarter’s $0.11 per share. It has topped consensus estimates for earnings per share four...
Coupa Software posted fiscal first quarter earnings that surpassed Zacks Consensus Estimate. Non-GAAP net income during the quarter came in at 8 cents per share, exceeding the Zacks Consensus Estimate by 3 cents. Revenues grew +17.6% from the year-ago quarter to $196.4 million, also topping the Zacks Consensus Estimate of $196 million. Growth was bolstered by strength in Antares app, which...
PagerDuty Inc. reported earnings that exceeded analysts’ expectations. Revenue, too, topped estimates. The cloud computing company had a fiscal first-quarter net loss of - 38 cents a share, wider than the year-ago quarter’s net loss of -27 cents a share. The adjusted net loss for the quarter came in at -4 cents a share, narrower than analysts’ expectations of - 8 cents a share (based on...
Asana reported its quarterly earnings, that exceeded analysts’ expectations. The work management technology company posted a loss of ($0.30) per share for the quarter, exceeding the consensus estimate of ($0.36), MarketWatch Earnings reports. The company posted ($0.31) loss per share in the year-ago quarter. Revenue surged +57.4% from the year-ago quarter to $120.65 million, also topping...
Autodesk posted its quarterly adjusted earnings of $1.43 per share, surpassing the Zacks Consensus Estimate of $1.33 per share. Earnings were $1.03 per share a year ago. Revenues of $1.17 billion for the quarter ended April 2022,exceeding the Zacks Consensus Estimate by 1.62%. Revenues were $989.3 million in the year-ago quarter. The current consensus expectation on EPS is $1.63, on $1.23...
Workday reported its quarterly earnings that missed analysts’ expectations. The software company’s earnings for the quarter came in at $0.83 per share, falling short of analysts’ consensus estimates of $0.85. Revenue rose +22.1% from the year-ago quarter to $1.43 billion during the quarter, vs. consensus estimate of $1.43 billion. Looking ahead, Workday projected an adjusted operating margin...
Snowflake posted its fiscal first-quarter earnings that surpassed expectations. The cloud-computing date warehousing company’s fiscal 2023 non-GAAP earnings came in at 1 cent per share, exceeding the Zacks Consensus Estimate by 200%. The company incurred a loss of -24 cents in the year-ago quarter. Revenues climbed +84.5% from the year-ago quarter to $422.4 million, beating the consensus...
Grab Holdings reported first quarter revenue for that surpassed Wall Street expectations. The Singaporean technology company’s first-quarter revenue came in at $228 million, well above the Street estimates of $127.7 million, according to FactSet. Gross merchandise value (the sum of the total dollar value of transactions from Grab’s services, including any applicable taxes, tips, tolls and...
Automatic Data Processing, Inc. posted third-quarter fiscal 2022 results that were better than expected by the Zacks Consensus Estimate. The payroll and HR services company’s adjusted earnings climbed +16.9% from the year-ago quarter to $2.21 a share, surpassing the Zacks Consensus Estimate by 6.8%. Total revenues of $4.51 billion beat the consensus mark by 1.2% and grew +10% year over year...
German company SAP posted a first-quarter revenue that surpassed analysts’ expectations. Earnings, however, missed estimates. The software company’s revenue rose + 11% from the year-ago quarter to 7.08 billion euros at constant currency, topping analysts’ expectations of 6.87 billion euros, according to a Refinitiv poll. Revenue from the cloud and software segment increased 12% to 6.06...
Paychex posted its third quarter earnings and revenue, both of which surpassed analysts' expectations. The human resource/payroll company’s earnings came in at $1.15 a share, well above the $1.05 a share expected by analysts polled by Investing.com. Revenue of $1.28 billion also beat expectations of $1.22 billion. Paychex revenues from its Management Solutions segment increased +13% from the...
Zoom Video Communications reported its fourth quarter earnings of $1.29 earnings per share, exceeding analysts’ expectations of $1.07. The communications technology company’s revenue rose +21.4% from the year-ago quarter to $1.07 billion for the quarter, also higher than analysts' estimates of $1.05 billion. Over the last year, Zoom Video generated $3.76 earnings per share ($3.76 diluted...
Workday posted fiscal fourth-quarter 2022 earnings and revenue that both increased year-over-year. For the quarter ended January 31, 2022, the HR managing cloud-based company’s non-GAAP net income rose to 78 cents per share from 73 cents per share in the year-ago quarter, and exceeded the Zacks Consensus Estimate by 7 cents. Revenues rose to $1,376.1 million from $1,131.7 million in...
Paychex second quarter earnings increased +25% from the year-ago quarter to 91 cents, vs. 80 cents expected by analysts polled by FactSet. Revenue rose +13% to $1.109, compared to the $1.062 billion anticipated by analysts. Looking ahead, the payroll management company now forecasts 2022 EPS growth of 18%-20% and revenue growth of 10%-11%. That's higher than its September forecast for EPS...
Cerner Corp. shares surged Friday , following a Wall Street Journal report that suggested that that Oracle is planning to acquire the electronic medical records company in a $30 billion deal. If the deal goes through, it would be one of the biggest M&A deals of the year. It would also mark the largest acquisition for Oracle – the deal size is reportedly more than 3 times the size of its $10...
Zoom Video posted third quarter earnings that surpassed analysts’ expectations. The video conferencing company’s adjusted earnings for the three months ending October came in at $1.11 per share, above the $1.09 per share expected by analysts polled by Refinitiv. Revenue rose +35% from the year-ago quarter to $1.05 billion also topped analysts’ estimates of $1.02 billion. In the latest...
Shares of RingCentral jumped in after hours trading, following the company’s third quarter results that crushed analysts’ expectations. For the quarter ended Sept. 30, the enterprise cloud-based services company’s non-GAAP net income rose to 36 cents a share from 26 cents in the previous year, exceeding the 33 cents a share expected by analysts polled by FactSet. Revenue climbed +36.5% from...