HPE Revenue, Stock Skyrockets Under Neri’s First Earnings Report Hyperconverged revenue alone grew over 200 percent, compared to a year earlier.
HPE Server Sales Drop in Q4 Fiscal 2017 Storage revenue was up 5 percent in the quarter, with all-flash arrays growing 16 percent.
ZTE Sees Profits Soar 30% in 1H of 2017 The company says it has deployed SDN and NFV in 240 networks globally.
FireEye Gets Doused as Q4 Revenues Stall Revenues fell short of last year's Q4 mark.
Cisco Beats, but Tempers Enthusiasm Not a bad quarter for Cisco, given that the bottom has fallen out of the emerging markets and service provider business.
Facebook's Gaudy Numbers Show Social Works Facebook Founder and CEO Mark Zuckerberg gets to have all the fun. Not only does he own a Hungarian sheepdog, but his net worth has hit $32 billion as Facebook shares hit new highs with the company firing on all cylinders.
Apple Shares Climb Modestly on Earnings Apple shares enjoyed modest gains this morning after a solid earnings report yielding $10.3 billion in cash flow for the quarter. The stock rose $1.50 (1.5%) to $96.22 in early morning trading.
Verizon Capex Favors Wireless Verizon's solid earnings results and robust capital spending (capex) bode well for continued spending among wireless technology providers, although some analysts expect spending to remain flatten out in the second half of the year.
Busy Networking Earnings Season Approaches Communications equipment suppliers are ready to report on the second quarter. Earnings in the next few quarters will be interesting to watch with major shifts occurring in telecom spending, including fear over AT&T's recent spending slowdown and questions about the impact of Software
Ciena Roars Back After Mini Panic Ciena (CIEN) shares vaulted nearly 20 percent in trading Thursday after the company released earnings that surprised analyst expectations and the company raised its earnings guidance for the year. This came after investors had sold off Ciena shares over the previous week on concerns about
Why Pundits Prematurely Panicked on HP Results The media and investors prematurely panicked last night when Hewlett-Packard's (HP) results included an operational gaffe (releasing the results while the market was still open), and the news that it would be laying off an additional 11,000-16,000 on top of the 34,000 it has already
Cisco Bounces Back with Margin Boost Relatively easy year-on-year comparison numbers and expanding gross margins helped Cisco deliver a respectable earnings quarter, suprising analysts and lifting the stock 8% in morning trading.
Cisco Goes with the Icahn Plan Is Cisco Systems (CSCO) management following the Carl Icahn plan? It may be looking at what the famous hedge-fund raider has been up to at Apple (AAPL), as he has called for more share buybacks and dividends. Cisco announced last night that it will increase its dividend by 12%, or two
Infinera Roars Back on Earnings Shares of optical networking equipment maker Infinera (INFN) have enjoyed a wild ride of late, first collapsing on the speculation that it had lost big 100G optical contract with Verizon to a competitor -- but then bouncing back with a fury today, rising 30 percent after reporting
Chamberspeak Gone Bad Something on Cisco's earnings call last night went terribly wrong. In a rational business sense, Cisco made plenty of money, even though they missed analyst estimates: $1.9B in profit and $40 billion in revenue for the first time in the company's history really isn't that shabby.
Cisco Misscos! Cisco shares are getting hammered nearly 6% after hours after the company missed targets set by analysts.
Tech Earnings Winners & Losers Tech earnings reports are rolling in like Budeweisers in a NASCAR infield, and we've got it covered. What's striking is the range of results, from earnings bombs like Netflix, and Amazon, to solid efforts from blue chips Apple and Microsoft. Here's our recap of the Winners and Losers of
Adtran Ramps on Connectivity Buildout One of the themes we've been following here is the buildout in more telecom connectivity -- whether it be Ethernet connections or all those data connections to mobile-phone towers -- and Adtran's earnings appear to bear that out.
Apple's Mac Attack Adds to Cash Stash It gets to the point where you wonder of maybe Apple will make enough money that they can help us bail out the U.S. government. Apple announced earnings last night, and it was a barn-burner of a quarter, with the company thrashing earnings per share (EPS) estimates by almost $1.00. Shares