— Illinois Tool Works Inc. (NYSE: ITW) reported Q4 2019 earnings of $1.99 per share, vs. $1.85 expected.
— Revenue declined 3.1% to $3.5 billion, vs. $3.46 billion expected.
— Revenues in Automotive OEM were $725 million.
— Revenues in Food Equipment were $571 million.
— Revenues in Test & Measurement and Electronics were $552 million.
— Revenues in Welding were $387 million.
— Revenues in Polymers and Fluids were $408 million.
— Revenues in Construction Products were $384 million.
— Revenues in Specialty Products were $446 million.
— FY2020 EPS is expected to be $7.65-8.05.
— ITW shares gained 1.7% immediately following the announcement.
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