— Smartsheet Inc (NYSE: SMAR) reported fourth-quarter 2020 loss of $0.13 per share, vs. $0.16 per share loss expected.
— Q4 net revenue grew 51% to $78.5 million, vs. $77.67 million expected. Calculated billings grew 58% YoY to $101.5 million
— 84,000 domain-based customers at the end of Q4.
— For Q1 2020, expects revenue of $82-83 million and adjusted loss per share of $0.19 to $0.21.
— For full year 2021, expects revenue of $373-378 million and adjusted loss per share of $0.55-0.62.
— SMAR shares ended Tuesday’s trading session up 14%.
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