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Zacks News
Based in San Jose, CA, Cadence Design Systems Inc. (CDNS) offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers. Cadence’s core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP’s are directly integrated into the ICs.
Clearwater Paper and Logitech International have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Clearwater Paper and Logitech International are part of as Zacks Bull and Bear of the Day article.
Four Giant Tech Groups Keep the S&P 500 Aloft: Zacks August Market Strategy
by John Blank
The S&P 500 index -- and the broader underlying U.S. economy -- is now tied directly to the success of just four major converging, tech business groups.
The Zacks Analyst Blog Highlights Cadence Design Systems, Exxon Mobil, HF Sinclair, Marathon Petroleum and Valero Energy
by Zacks Equity Research
Cadence Design Systems, Exxon Mobil, HF Sinclair, Marathon Petroleum and Valero Energy are part of Zacks top Analyst Blog.
Itron (ITRI) Q2 Earnings Miss Estimates, Revenues Drop Y/Y
by Zacks Equity Research
Itron's (ITRI) second-quarter revenues and earnings are affected by supply chain disruptions, manufacturing inefficiencies and inflationary pressure.
GoPro's (GPRO) Q2 Earnings Top Estimates, Revenues Inch Up Y/Y
by Zacks Equity Research
GoPro's (GPRO) Q2 top line benefits from strength in retail and direct-to-customer channels. However, adverse foreign currency movements acted as a dampener.
Western Digital (WDC) Q4 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Western Digital (WDC) fiscal fourth-quarter top line was affected by weakness in Client and Consumer segments' performance. However, higher cloud revenues were a positive.
BCE Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y
by Zacks Equity Research
BCE's second-quarter performance boosted by strong service revenue growth and increased year-over-year revenues from international roaming.
NortonLifeLock (NLOK) Q1 Earnings Beat Estimates, Sales Miss
by Zacks Equity Research
NortonLifeLock's (NLOK) Q1 results reflect strong customer growth and the benefits of a global business expansion, leading to year-over-year growth in revenues and bookings.
EPAM Soars 12% as Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
EPAM's Q2 results reflect the benefits of the ongoing digital transformation and a continued focus on customer engagement and product development.
Twilio (TWLO) Posts Narrower-Than-Expected Q2 Loss, Solid Sales
by Zacks Equity Research
Twilio's (TWLO) Q2 performance reflects the benefits of the constant expansion of its international business and the continuous acceleration of digital transformation projects across several industries.
Paylocity (PCTY) Earnings & Revenues Beat Estimates in Q4
by Zacks Equity Research
Paylocity's (PCTY) Q4 results reflect the benefits of better sales executions and its sustained investments in technological upgrades and product innovation.
Lumen (LUMN) Q2 Earnings Miss Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Lumen's (LUMN) Q2 performance continues to be hurt by the conclusion of the CAF II program.
Watts Water (WTS) Q2 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Double-digit organic growth in the Americas boosted Watts Water's (WTS) second-quarter 2022 results. However, unfavorable forex movements acted as a headwind.
NY Times (NYT) Q2 Earnings Beat, Subscription Revenues Up Y/Y
by Zacks Equity Research
The New York Times Company's (NYT) second-quarter 2022 results reflect an increase in subscription revenues. Management envisions third-quarter total subscription revenues to increase about 11-13%.
ANSYS (ANSS) Q2 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
ANSYS Inc. (ANSS) second-quarter performance boosted by robust demand in the high-tech and automotive sectors
Nikon (NINOY) Q1 Earnings Down Y/Y, Outlook Upbeat
by Zacks Equity Research
Nikon Corporation (NINOY) first-quarter ended Jun 30, 2022 performance boosted by strong revenue growth across the healthcare and components business segment.
5 Growth Stocks to Gain From the Ongoing Wall Street Rally
by Nalak Das
We have narrowed our search to five large-cap growth stocks that have solid upside left for the rest of 2022. These are: CDNS, VLO, XOM, MPC and DINO.
DXC Technology (DXC) Stock Plunges 6% on Q1 Earnings Miss
by Zacks Equity Research
While forex headwinds hurt DXC Technology's (DXC) first-quarter fiscal 2023 top line, a higher tax rate, increased investments and costs weigh on the bottom line.
Amdocs (DOX) Soars 5% on Q3 Earnings Beat, Upbeat FY22 Guidance
by Zacks Equity Research
Amdocs' (DOX) fiscal third-quarter 2022 results reflect the benefits of the company's core businesses and North America's stellar performance.
CDW's Q2 Earnings Beat Estimates, Revenues Increase Y/Y
by Zacks Equity Research
Higher sales in Corporate, Small Business and Other segments drive CDW Corporation's (CDW) second-quarter 2022 results.
Cirrus Logic (CRUS) Q1 Earnings & Revenues Beat, Rise Y/Y
by Zacks Equity Research
Cirrus Logic's (CRUS) Q1 results gain from the increasing demand for its high-performance mixed-signal segment.
Blackbaud (BLKB) Q2 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Blackbaud's (BLKB) second-quarter 2022 revenues benefit from increased recurring revenues and higher transactional volume, partly offset by changing macroeconomic
Generac (GNRC) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
Generac's (GNRC) second-quarter 2022 performance boosted by robust demand for Residential and Commercial & Industrial (C&I) products.
Mandiant (MNDT) Q2 Loss Narrows, Revenues Surge in Double Digit
by Zacks Equity Research
Mandiant's (MNDT) second-quarter 2022 results reflect the benefits of the increased demand for the company's cybersecurity solutions.
Mercury Systems (MRCY) Plunges 9% on Q4 Earnings & Sales Miss
by Zacks Equity Research
Mercury Systems' (MRCY) fourth-quarter top line is hurt by contracting delays and supply-chain constraints, while increased component costs weigh on the bottom line.