— Software solutions provider Appian Corporation (NASDAQ: APPN) reported an adjusted loss of $0.14 per share for the third quarter, vs. $0.15 per share expected.
— On a reported basis, it was a net loss of $12.4 million or $0.19 per share, compared to a loss of $15 million or $0.24 per share in the prior-year quarter
— Total revenue increased 25% year-over-year to $69.4 million, vs. $65.24 million expected
— Subscription revenue advanced 38% annually to $40.4 million
— For the fourth quarter, subscription revenue is expected to be in the range of $42.0 million to $42.5 million, representing a 24-26% annual growth.
— Expects total revenues to between $69.1 million and $70.1 million for the fourth quarter, up 15-16% from last year
— Looking for adjusted loss per share between $0.15 and $0.14 for the December quarter
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard