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Zacks News
Western Digital (WDC) Q3 Earnings and Revenues Lag Estimates
by Zacks Equity Research
Western Digital's (WDC) third-quarter fiscal 2020 results reflect strong revenues from client and enterprise SSDs as well as uptrend in flash pricing.
ServiceNow (NOW) Beats Q1 Earnings Estimates, Trims View
by Zacks Equity Research
ServiceNow's (NOW) first-quarter 2020 results benefit from robust demand for the company's NOW platform and expansion of its global footprint.
Twitter (TWTR) Q1 Earnings Beat, User Growth Aids Top Line
by Zacks Equity Research
Twitter's (TWTR) first-quarter 2020 results reflect steady user growth, partially offset by decreasing international advertising revenues due to coronavirus-led business lockdown in APAC.
PTC Beats Earnings Estimates in Q2, Lowers 2020 Guidance
by Zacks Equity Research
PTC's second-quarter fiscal 2020 results reflect improvement in AR and IoT bookings as well as solid performance of Core Product Group in Europe and Japan.
eBay's (EBAY) Q1 Earnings And Revenues Surpass Estimates
by Zacks Equity Research
eBay's (EBAY) first-quarter 2020 results reflect solid momentum across its managed payments offerings and Promoted Listings. However, coronavirus related uncertainties remain concerns.
Cree (CREE) Q3 Loss Narrower Than Estimates, Revenues Lag
by Zacks Equity Research
Cree's (CREE) third-quarter fiscal 2020 results reflect softness in demand owing to coronavirus pandemic.
Microsoft (MSFT) Q3 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
Microsoft's (MSFT) fiscal third-quarter results benefit from momentum in Azure, impressive Teams user growth led by coronavirus-induced work-from-home wave and uptick in Surface devices.
Monolithic Power (MPWR) Q1 Earnings & Revenues Top Estimates
by Zacks Equity Research
Monolithic Power's (MPWR) first-quarter 2020 results benefit from robust demand in Computing & Storage and Communications end-markets.
Garmin's (GRMN) Q1 Earnings & Revenues Surpass Estimates
by Shilpa Mete
Garmin's (GRMN) first-quarter results benefit from strong performance by its fitness, outdoor,, marine and aviation segments.
Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Up Y/Y
by Zacks Equity Research
Despite coronavirus-led disruptions, Yandex's (YNDX) first-quarter results benefit from solid momentum across Search, Taxi, Classifieds, Media Services and Experiments segments.
Akamai (AKAM) Q1 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Akamai's (AKAM) first-quarter 2020 results benefit from robust demand for the company's cloud security solutions and increased Internet traffic.
Maxim (MXIM) Q3 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Maxim Integrated Products' (MXIM) fiscal third-quarter result benefits from solid momentum across major end markets amid coronavirus pandemic.
Silicon Motion (SIMO) Q1 Earnings Beat, Revenues Up Y/Y
by Zacks Equity Research
Silicon Motion (SIMO) first-quarter results reflect year-over-year improvement in demand for SSD Solutions. Moreover, the company's second-quarter 2020 revenue guidance holds promise.
AMD Q1 Earnings Match Estimates, Shares Down on Bleak Guidance
by Zacks Equity Research
Advanced Micro Devices' (AMD) first-quarter 2020 results benefit from robust adoption of Ryzen, Radeon and EPYC processors. However, cautious revenue guidance for the second quarter is a concern.
Waters (WAT) Earnings and Revenues Miss Estimates in Q1
by Zacks Equity Research
Waters' (WAT) first-quarter 2020 results hurt by negative impact of the coronavirus pandemic.
TE Connectivity's (TEL) Q2 Earnings Beat, Revenues Fall Y/Y
by Zacks Equity Research
TE Connectivity (TEL) fiscal second-quarter results hurt by weakness in the key end-markets.
ASE Technology (ASX) to Report Q1 Earnings: What's in Store?
by Zacks Equity Research
ASE Technology's (ASX) first-quarter 2020 results are likely to have benefited from adoption of its testing and fan-out packaging solutions as well as robust demand for SiP products.
Intel's (INTC) Q1 Earnings Beat, DCG Growth Aids Revenues
by Zacks Equity Research
Intel (INTC) first-quarter results reflect gains across both PC-centric and Data-centric domains. The company has not provided 2020 guidance citing coronavirus crisis-led business uncertainty.
Computer Storage Devices Industry Outlook Bright Despite Coronavirus
by Radhika Pujara
Secular growth in data and robust market adoption of cloud computing, IoT, connected devices, VR and AI will continue to aid revenue growth for the Computer-Storage Devices industry participants.
Citrix (CTXS) Q1 Earnings Up on Work-From-Home Amid Coronavirus
by Zacks Equity Research
Citrix Systems' (CTXS) first-quarter results benefit from solid adoption of unified workspace solutions driven by coronavirus crisis-induced demand for secure work-from-home solutions.
Seagate (STX) Q3 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Seagate's (STX) third-quarter fiscal 2020 results benefit from robust demand for its nearline HDD products. However, legacy segment was hurt by low consumer electronics demand.
Plexus (PLXS) Q2 Earnings Beat Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Plexus' (PLXS) second-quarter results reflect weakness in Healthcare/Life Sciences and Communications sectors and lower revenues from Americas (AMER).
SAP Earnings Miss Estimates in Q1, Revenues Increase Y/Y
by Zacks Equity Research
SAP's first-quarter 2020 results benefit from solid performance of its cloud solutions and an expanding client base. However, the coronavirus pandemic hurt revenues of software licenses & support business.
Texas Instruments (TXN) Q1 Earnings Beat, Revenues Down Y/Y
by Zacks Equity Research
Texas Instruments' (TXN) first-quarter 2020 results hurt by weak segmental performance amid growth in industrial and enterprise systems market.
Cadence (CDNS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Cadence's (CDNS) first-quarter 2020 results benefit from robust demand for the company's digital & signoff and IP solutions as well as Cadence Verification Suite's expanding clientele.