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Zacks News
Viasat (VSAT) Secures UK Regulator Nod for Inmarsat Buyout
by Zacks Equity Research
The buyout by Viasat (VSAT) will create a leading communications service provider with complementary assets and enhanced scale for offering affordable, secure and reliable connectivity.
IBM Fortifies Regional Presence With New Japan Innovation Hub
by Zacks Equity Research
IBM is developing the Cebu Japan Innovation Hub in the Philippines CIC, which serves more than 200 clients worldwide with automation, analytics and AI services.
Workday (WDAY) Revenues Up Y/Y, Q4 Earnings Beat Estimates
by Zacks Equity Research
Workday's (WDAY) approach of continuous innovation, an expanding customer base and strong demand for its finance and human resources applications led to year over year top-line expansion.
Universal Display (OLED) Hikes Quarterly Dividend Payout
by Zacks Equity Research
A steady dividend payout with periodic increases is part of Universal Display's (OLED) long-term strategy to provide attractive risk-adjusted returns to its stockholders.
Bandwidth (BAND) Tops Q4 Earnings Estimates on Solid Revenues
by Zacks Equity Research
High demand for digital engagement and strong contributions from messaging services enable Bandwidth (BAND) to beat fourth-quarter 2022 earnings estimates.
Altice (ATUS) Q4 Earnings & Revenues Fall Short of Estimates
by Zacks Equity Research
Altice's (ATUS) fourth-quarter 2022 results reflect the adverse impact of a challenging macroeconomic environment and business uncertainties.
Sohu.com (SOHU) Q4 Loss Narrower Than Expected, Revenues Fall
by Zacks Equity Research
Macroeconomic challenges, the decline of Changyou's older games, and the adverse effects of the pandemic all contributed to the year-over-year top-line contraction for Sohu.com (SOHU) during the fourth quarter.
ADTRAN (ADTN) Misses on Q4 Earnings Despite Higher Revenues
by Zacks Equity Research
Despite more than two-fold increase in revenues, ADTRAN (ADTN) misses fourth-quarter 2022 earnings estimates.
U.S. Cellular (USM) Q4 Loss Narrower Than Expected, Revenue Down
by Zacks Equity Research
U.S. Cellular (USM) reported soft fourth-quarter results as sluggish demand trends in Service and Equipment Sales impacted company's top-line performance.
HubSpot (HUBS) Surpasses Q4 Earnings and Revenue Estimates
by Zacks Equity Research
An expanding customer base, product innovation, and essential business restructuring in the face of a challenging macroeconomic climate helped HubSpot (HUBS) to generate higher revenues year over year.
Cambium (CMBM) Q4 Earning Top Estimates, Top Line Surges Y/Y
by Zacks Equity Research
Cambium (CMBM) witnessed a top-line expansion year over year, due to strong growth in the company's Point-to-Point business from global defense spending and robust demand for Enterprise products.
Zillow Group (ZG) Beats Earnings and Revenue Estimates in Q4
by Zacks Equity Research
Uncertain macroeconomic climate led to a top-line reduction for Zillow Group (ZG) year over year. However, a favourable mix of first-time home buyers and strong engagements in its rental platforms partially cushioned the top line.
InterDigital (IDCC) Q4 Earnings Beat on Top-Line Growth
by Zacks Equity Research
Healthy licensing momentum enables InterDigital (IDCC) to beat fourth-quarter 2022 earnings estimates on top-line expansion.
Akamai (AKAM) Beats Q4 Earnings Estimates on Top-Line Growth
by Zacks Equity Research
Growth in the Security Technology Group and Compute businesses enable Akamai (AKAM) to beat fourth-quarter 2022 earnings estimates.
Arista (ANET) Beats Q4 Earnings Estimates on Solid Revenues
by Zacks Equity Research
Healthy customer additions and growth in the enterprise vertical help Arista (ANET) beat fourth-quarter 2022 earnings estimates.
Knowles (KN) Revenues Down Y/Y, Q4 Earnings Beat Estimates
by Zacks Equity Research
Soft end market demand and inventory adjustments hamper Knowles's (KN) fourth-quarter earnings. However, robust demand in defense, medtech, EV and industrial markets partially offset the negative impact.
Motorola (MSI) Beats Q4 Earnings Estimates on Record Revenues
by Zacks Equity Research
Driven by healthy demand for video security products and services for record revenues and backlog, Motorola (MSI) surpasses fourth-quarter 2022 earnings estimates.
Corning (GLW) Rewards Shareholders With Modest Dividend Hike
by Zacks Equity Research
A steady dividend payout with periodic increase is part of Corning's (GLW) long-term strategy to provide attractive risk-adjusted returns to its stockholders.
Wall Street Analysts Believe Viav Solutions (VIAV) Could Rally 25.96%: Here's is How to Trade
by Zacks Equity Research
The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Viav Solutions (VIAV). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Viavi (VIAV) Revenues Decline Y/Y, Q2 Earnings Beat Estimates
by Zacks Equity Research
Despite outperforming earnings estimates Viavi (VIAV) witnessed a revenue contraction year over year in the December quarter due to demand rigidity and unfavourable macroeconomic environment.
Viav Solutions (VIAV) Q2 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Viav Solutions (VIAV) delivered earnings and revenue surprises of 27.27% and 5.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Viavi (VIAV) Boosts Production Capacity With New AZ Facility
by Zacks Equity Research
The facility is expected to complement the strategic plan of Viavi (VIAV) to relocate its headquarters to Chandler from California and leverage the city's high quality of life at a reasonable cost.
Viav Solutions (VIAV) Meets Q1 Earnings Estimates
by Zacks Equity Research
Viav Solutions (VIAV) delivered earnings and revenue surprises of 0% and 4.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Altice (ATUS) Misses Q3 Earnings Estimates on Lower Revenues
by Zacks Equity Research
Altice's (ATUS) third-quarter 2022 results reflect the adverse impact of a challenging macroeconomic environment and business uncertainties.
Bandwidth (BAND) Tops Q3 Earnings Estimates, Revises View
by Zacks Equity Research
Healthy top-line growth enables Bandwidth (BAND) to beat third quarter 2022 earnings estimates.