Dec
15
2017
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Adobe had a record quarter, but still has substantial untapped potential

 Adobe announced a record quarter yesterday with $2.01 billion in revenue for Q42017. That represents a healthy 25 percent year over year increase for the company, but about half of that continues to come from Creative Cloud. Experience Cloud, which includes Adobe Marketing Cloud, Adobe Analytics Cloud and Adobe Advertising Cloud in many ways represents promise for even greater revenue in… Read More

Nov
22
2017
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Salesforce keeps rolling with another monster quarter, as it sets $20 billion revenue goal

 Ho hum, Salesforce announced its quarterly earnings yesterday and the news was all good once again with revenue up 25 percent to $2.68 billion. The company has blown through its $10 billion yearly revenue goal and has boldly set one for $20 billion by FY2022. I wouldn’t put it passed them.
The company also announced some big executive moves. More on that later
Salesforce is the anti-IBM. Read More

Oct
19
2017
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Atlassian is on one heck of a run

 When Atlassian went public at the end of 2015, it was a bit of an anomaly: a tech IPO whose numbers looked quite good with some profitability. It’s been almost two years since that IPO, and since then, the company’s valuation is at around $9 billion. The company popped 32% on its first day and hit a valuation of $5.8 billion. A lot of that is thanks to an insane run this year so… Read More

Sep
28
2017
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BlackBerry, yes BlackBerry, is making a comeback as a software company

 When you think about dead companies walking, BlackBerry was clearly one that came to mind, but under the leadership of CEO John Chen, the company is actually making a comeback as a software company focused on security, and it’s latest quarterly earnings report suggests the pivot is working splendidly. The company reported revenue of $249 million, which shattered analyst’s… Read More

Sep
07
2017
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Cloudera acquires AI research firm Fast Forward Labs

 Cloudera said today as part of its second-quarter earnings report that it is acquiring Fast Forward Labs, a startup that gives companies the latest information on how to apply machine learning and AI to their businesses, as well as consulting. Read More

Sep
07
2017
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Okta has a great earnings day on the back of strong international growth

 Okta kept its beat-streak alive today with a healthy earnings report. On the back of international growth and a healthy services business, Okta beat revenue expectations by nine percent and managed to handily top EPS expectations. Read More

Aug
22
2017
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Salesforce slides past its $10B annual run rate target

Marc Benioff, chairman and chief executive officer of Salesforce.com Inc. Salesforce reported its second-quarter earnings today, saying it brought in $2.56 billion in revenue on earnings of 33 cents per share. This is a beat on both fronts, but the stock dipped slightly in extended trading after seeing a rather stunning run-up over the course of the year. Read More

Jul
27
2017
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It looks like Amazon would be losing a lot of money if not for AWS

 Amazon reported its second-quarter earnings today, and it was a bit of a whiff — and a bummer for Jeff Bezos, who is now no longer the solar system’s richest human and has been relegated to the unfortunate position of second-richest human. Read More

Jul
27
2017
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Intel beats earnings expectations as it manages to maintain growth in its Data Center Group

 Intel declared $14.8 billion in revenue this afternoon and earnings per share of 72 cents. This represents a solid beat as analysts had expected revenues of $14.41 billion and EPS of 68 cents. The company’s  stock finished up 22 cents and 0.63 percent to $34.97 per share in regular trading. In the moments after the company released its earnings, Intel’s stock shot up 3.43 percent. Read More

Jul
20
2017
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Microsoft earnings beat expectations thanks to strong cloud performance

 Following its longstanding tradition of reporting quarterly earnings for its fourth financial quarter of the year in July, Microsoft today announced non-GAAP revenue of $24.7 billion and GAAP earnings per share of $0.83 (and non-GAAP earnings per share of $0.98) for the last three months. Operating income was $7.0 billion non-GAAP. Read More

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