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Evolent Health Explores Sale, Garners Inbound Interest From Private Equity Firms
Friday, August 23, 2024 - 10:32am | 412Evolent Health Inc (NYSE:EVH) is reportedly up for sale. What Happened: The Arlington, Virginia-based software provide initiated an auction process after receiving takeover inquiries from private equity firms and healthcare providers. Among the potential suitors are private equity giants TPG Inc...
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Why ServiceNow Stock Is Down Monday
Monday, July 8, 2024 - 4:22pm | 485ServiceNow, Inc. (NYSE:NOW) shares are trading lower Monday after Guggenheim analyst John Difucci downgraded the stock from Neutral to Sell and announced a $640 price target. The Details According to a MarketWatch report, the Guggenheim analyst sees an "unfavorable" setup for ServiceNow...
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Nvidia To Acquire Shoreline.Io For $100M As Jensen Huang-Led AI Stalwart Aims To Cut Revenue Reliance On Microsoft, Amazon And More: Report (UPDATED)
Friday, June 21, 2024 - 6:14am | 569Editor’s Note: The article has been updated with response from Nvidia and Shoreline.io. Nvidia Corp. (NASDAQ:NVDA) has reportedly agreed to acquire Shoreline.io, a software startup, for an estimated $100 million. What Happened: The acquisition deal was recently finalized, according to sources...
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Qualcomm Ends $75M Lawsuit Linked To Apple's Patent Licensing Claims
Wednesday, June 19, 2024 - 2:27pm | 348Qualcomm Inc (NASDAQ:QCOM) agreed to pay $75 million to settle a lawsuit with its shareholders, marking a victory for investors where Apple Inc (NASDAQ:AAPL) and global regulators previously failed. What Happened: According to The Verge, the lawsuit accused Qualcomm of misleading shareholders...
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Sprinklr Shares Fall On Weak Guidance, New Co-CEO Announcement
Wednesday, June 5, 2024 - 5:39pm | 404Sprinklr, Inc. (NYSE:CXM) shares are falling after the company reported its first-quarter financial results and appointed a new co-CEO Wednesday. Here's a look at the key figures from the report. The Details: Sprinklr reported quarterly earnings of 9 cents per share which beat the analyst...
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GitLab Q1 Earnings: Revenue Beat, EPS Beat, Raised Guidance And More
Monday, June 3, 2024 - 4:28pm | 414GitLab Inc (NASDAQ:GTLB) reported first-quarter financial results after the market close on Monday. Here’s a look at the key metrics from the quarter. Q1 Earnings: GitLab reported first-quarter revenue of $169.187 million, beating analyst estimates of $165.887 million. The company reported...
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MongoDB Stock Plunges After Q1 Results, Weak Forward Guidance
Thursday, May 30, 2024 - 5:11pm | 432MongoDB, Inc. (NASDAQ:MDB) reported its first-quarter financial results and issued forward-looking guidance after the bell Thursday. Here's a look at the key figures from the report. The Details: MongoDB reported quarterly earnings of 51 cents per share, which beat the analyst consensus estimate...
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Jim Cramer Says Salesforce Stock Slide Can Be Traced Back To Nvidia: 'Let's Not Buy A Really Big Software Package...'
Thursday, May 30, 2024 - 2:26pm | 632Jim Cramer believes the swift selloff in shares of Salesforce Inc (NYSE:CRM) on Thursday can be linked back to NVIDIA Corp (NASDAQ:NVDA) and the advancement of AI. What To Know: Salesforce stock is down more than 20% at the time of writing following the company’s first revenue miss in more...
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Does Workday Have 'Some Pockets Of Strength'? 11 Analysts Look At Q1 Results, Outlook
Friday, May 24, 2024 - 1:15pm | 1463Workday Inc (NASDAQ:WDAY) shares tanked in early trading and into the early afternoon of Friday, even after the company reported upbeat earnings for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Workday Analyst Brad...
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Workday Shares Tumble After Q1 Results, Lower Forward Guidance
Thursday, May 23, 2024 - 4:30pm | 335Workday, Inc. (NASDAQ:WDAY) reported its first-quarter financial results after the bell Thursday. Here's a look at the details. The Details: Workday reported quarterly earnings of $1.74 per share which beat the analyst consensus estimate of $1.58 by 10.13%. Quarterly sales came in at $1.99 billion...
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Intuit Q3 Earnings: EPS Beat, Revenue Beat, Guidance Bump, AI Momentum And More
Thursday, May 23, 2024 - 4:26pm | 446Intuit Inc (NASDAQ:INTU) reported third-quarter earnings results for fiscal-year 2024 Thursday after the bell. Here’s a rundown of the report. Q3 Earnings: Intuit’s third-quarter revenue increased 12% year-over-year to $6.737 billion, beating the consensus estimate of $6.647...
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Unity Software Reports Mixed Q1 Results: EPS Miss, Sales Beat
Thursday, May 9, 2024 - 4:40pm | 286Unity Software Inc. (NYSE:U) reported its first-quarter financial results after the bell Thursday. Here's a look at the details. The Details: Unity Software reported first-quarter GAAP losses of 75 cents per share, missing the analyst consensus estimate of losses of 65 cents per share. Quarterly...
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What's Going On With HubSpot Stock Friday?
Friday, April 5, 2024 - 12:09pm | 596HubSpot Inc (NYSE:HUBS) shares are trading higher on continued upward momentum following a report suggesting Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is in talks with advisors about a potential offer for the company. Piper Sandler analyst Brent Bracelin maintained HubSpot shares as Overweight with...
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MongoDB's Concerns About Outlook Despite Strong Q4 Results: Analysts Revise Forecasts
Friday, March 8, 2024 - 2:14pm | 910MongoDB Inc (NASDAQ: MDB) shares were down on Friday after the company reported its fourth-quarter results and issued weak guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On MongoDB Analyst Rudy Kessinger...
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Elastic Reports Q3 Results: Analysts Weigh In
Friday, March 1, 2024 - 5:12pm | 635Elastic NV (NYSE:ESTC) shares are trading lower Friday after the company reported third-quarter results and multiple analysts updated price targets on the stock. Here's a look at the details. The Details: Elastic reported quarterly earnings of 36 cents per share, beating the Street estimate of 32...