Collaborate Disseminate
It’s earnings day for Microsoft and the company has posted another strong quarter (Q1 with revenue of $24.5 billion with Net Income being reported as $6.6 billion.
The post Microsoft’s Cloud Hits 20 Billion Run Rate, Revenue Climbs 12% in Q1 appeared first on Petri.
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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 Continue reading Atlassian is on one heck of a run
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 Continue reading BlackBerry, yes BlackBerry, is making a comeback as a software company
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 handedly top EPS expectations.
Analysts had been expecting about $55.9 million in revenue with a loss of $0.26 per share. Instead, Okta reported $61 million in revenue with $0.16 loss per… Read More Continue reading Okta has a great earnings day on the back of strong international growth
Earlier this year it looked as though Salesforce was starting to position itself as a company that would hit $10 billion in annual revenue run rate later this year — and, if all seems well, it looks like it may hit that target. 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… Read More Continue reading Salesforce slides past its $10B annual run rate target
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 Continue reading It looks like Amazon would be losing a lot of money if not for AWS
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… Continue reading Microsoft earnings beat expectations thanks to strong cloud performance
Microsoft has released its Q4 earnings (Q2 calendar) and during that time period, the company brought in Net income of $6.5 billion on $23.3 billion of revenue.
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Yext’s first earnings report as a publicly traded company seems to be a boringly pleasant one — but that’s a good thing for a company that needs to show strong performance out of the gate. Read More Continue reading Yext passes its first test as a publicly traded company
Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.” It’s clear… Read More Continue reading Salesforce marches steadily toward $10B run rate goal