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Nutanix Inc. (NTNX) reported a wider loss in the first quarter due to higher operating expenses. The bottom line came in narrower
Nutanix Inc. (NTNX) reported a wider loss in the first quarter due to higher operating expenses. The bottom line came in narrower than analysts' expectations while the top line exceeded consensus estimates. The company guided second-quarter loss below consensus view.
Cloud enterprise software company Salesforce.com (CRM) reported third quarter 2019 earnings after the bell today. Earnings of $0.61 per share and revenue of $3.39 billion beat the analysts' estimates. Analysts had expected earnings to be $0.50 per share on revenues of
Box Inc (BOX) is slated to report its third quarter 2019 results on November 28, Wednesday after the bell. Analysts expect the cloud technology company to post a loss of 7 cents per share and revenue is touted to be
Cracker Barrel Old Country Store Inc. (CBRL) reported a 2% rise in earnings for the first quarter as an increase in comparable store retail sales and higher comparable store restaurant sales drove total revenue higher. The results exceeded analysts' expectations.
Shares of Hibbett Sports (HIBB) fell sharply after it reported lower-than-expected earnings and net sales for the third quarter, hurt by muted demand and e-commerce-related expenses. The company also lowered its full-year earnings guidance to reflect acquisition-related costs. Adjusted earnings,
According to Goldman Sachs, oil, gas and base commodities will position themselves as attractive investments as it forecasted a 17% returns in the coming months. The finance giant, in a report, also indicated that this week's G20 meetup at Buenos
Bitcoin is slipping and how. On Friday, the cryptocurrency and its peers slid marking a 24% decline since Nov. 16 in the Bloomberg Galaxy Crypto Index. This is the worst slump on a week ever since the January peak. Bitcoin
Silvergate Capital Corp., the parent company of San Diego, California-based Silvergate Bank, has filed for an IPO last Friday. Silvergate Capital, which provides financial infrastructure solutions and services to its clients in the digital currency industry, plans to generate $50
SoftBank Group Corp. is planning to invest $2 billion through its Vision Fund in South Korean online retailer Coupang. This funding is in addition to an earlier investment of $1 billion made by SoftBank three years ago. Coupang was founded
The Chinese e-commerce solutions provider Baozun Inc (Nasdaq: BZUN) reported its third quarter 2018 earnings early morning today. For the quarter ended September 30, 2018, the company’s revenue soared 25% to RMB1.1 billion ($161.7 million) and non-GAAP net income per
Deere & Company (DE) reported a 54% jump in earnings for the fourth quarter helped by the favorable adjustment to income taxes as well as higher revenue. However, the results missed analysts' expectations. Following this, the stock inched down over
Gap Inc. (NYSE: GPS) reported its third quarter results, in which earnings slightly exceeded consensus views. Q3 revenue also surpassed estimates, while fiscal 2019 outlook was in line with expectations. The stock ended the day at $24.66, down 3.07% before
The Chinese e-commerce solutions provider Baozun Inc (Nasdaq: BZUN) is scheduled to report its third quarter 2018 earnings on Wednesday, November 21 before the US market opens. For the quarter ended September 30, 2018, the company expects revenue to be
Autodesk (ADSK) reported a narrower loss in the third quarter as demand strength was balanced across all major geographies and product families. The results exceeded analysts' expectations. The design software company lifted the guidance for the full year while guiding
Aided by the impressive performance of its key business segments, medical device maker Medtronic (MDT) reported a 6% increase in second-quarter revenues, which also outpaced the estimates. The resultant earnings growth and the company's upbeat guidance drove up its stock
Hormel Foods Corporation (HRL) reported better-than-expected earnings for the fourth quarter of 2018 but revenue came short of estimates. Shares dropped around 2.7% in morning trade on Tuesday. Net sales improved 1% to $2.52 billion from the year-ago period but
TJX Companies (TJX) reported a 19% jump in earnings for the third quarter as a sharp growth in customer traffic lifted comparable store sales. The top line exceeded analysts' expectations while the bottom line missed consensus estimates. The off-price apparel
Lowe’s Companies Inc. (LOW) topped market estimates on revenue and earnings for the third quarter of 2018. Despite the beat, the stock dropped over 6.8% in morning trade on Tuesday as comp sales missed expectations. [caption id="attachment_16935" align="aligncenter" width="694"] Lowe's
Off-price retail apparel operator Ross Stores (ROST) reported a 23% jump in earnings for the third quarter helped by higher sales and the benefit of tax reform. The company raised its earnings guidance for the fourth quarter and fiscal 2018.
Earnings and revenues of chipmaker Analog Devices (ADI) climbed to a record high and exceeded forecast in the fourth quarter, aided by a double-digit growth in the industrial and communications segments. The company’s stock gained in the premarket Tuesday following
Campbell Soup Company’s (CPB) shares gained over 3.8% in premarket trade after the company reported better-than-expected revenue and earnings for the first quarter of 2019. Analysts had projected earnings of $0.70 per share on revenue of $2.6 billion. [caption id="attachment_17026"
