Collaborate Disseminate
It’s earning season again and for Q3 FY, Q1CY, Microsoft reported earnings of 35 billion in revenue with a Net Income of $10.8 billion. Operating Income during the period was 13 billion with EPS of $1.40.
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When Keith Block joined Salesforce from Oracle in 2013, the CRM giant was already a successful SaaS vendor on a billion dollar quarterly revenue cadence. When the co-CEO announced he was stepping down yesterday, the company reported revenue of $4.9 billion for the quarter. During his tenure, the company’s revenue more than quadrupled, earning an […] Continue reading As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021
Alibaba issued its latest earnings report yesterday, and as part of that the Chinese eCommerce giant reported that cloud revenue grew 62% to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time. Alibaba also announced that it had completed its migration to its own public cloud in the most recent quarter, […] Continue reading Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate
It’s that time of the year again and Microsoft has released its earnings for Q2 fiscal / Q4 calendar and the company beat estimates for revenue and earnings per share. The company brought in $36.9 billion in revenue with $11.6 billion of that being Net Income.
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International Business Machines is living a case study of a large, established company vying to transform. Over the last decade, the technology elder has struggled to move into areas like cloud and AI. IBM has leaned on a combination of its own R&D abilities and deep pockets to push into modern markets, but has struggled […] Continue reading IBM snaps out of its revenue doldrums, breaking a five-quarter losing streak in Q4
Despite a global shortage of cybersecurity expertise that is often described as nothing less than chronic, a global salary survey of 1,324 cybersecurity professionals finds nearly half the respondents (48%) earn less than $50,000 a year. Only 36% earn… Continue reading Survey Finds Cybersecurity Salaries Constrained
Yesterday, Adobe submitted its quarterly earnings report and the results were quite good. The company generated a tad under $3 billion for the quarter at $2.99 billion, and reported that revenue exceeded $11 billion for FY 2019, its highest ever mark. “Fiscal 2019 was a phenomenal year for Adobe as we exceeded $11 billion in […] Continue reading Adobe turns it up to 11, surpassing $11B in revenue
Microsoft has reported it’s Q1 FY earnings with Office 365 and the company’s cloud services pushing the revenue needle higher.
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Apple reported its earnings today for the second quarter of the calendar year and beat Wall St. expectations. The company had $53.8 billion in revenue and is projecting $61-64 billion in revenue for the upcoming quarter.
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Microsoft has released its Q2, FY Q4 earnings today with 33.7 billion in revenue, Net Income of $12.4 billion, and an Operating Income of $12.4 billion. These figures bested last years results by 12%, 49%, and 20% respectively.
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