Cisco (NASDAQ: CSCO) reported its financial results for the third quarter of fiscal 2020 after the regular trading hours on Monday. The technology giant surpassed analysts’ estimates for the quarter.
CFO Kelly Kramer said in a statement, “The resiliency that we have been building into our business model is paying off, with software subscriptions now at 74% of our software revenue, up 9 points year over year. We are focused on driving long-term profitable growth while delivering shareholder value.
The stock gained 3% immediately following the announcement. CSCO shares have slipped nearly 20% in the trailing 12 months.
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer