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Cisco raises annual revenue forecast
Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products. Companies have ramped up investments in AI technologies which require heavy computing power,
Cisco Gives Tepid Annual Forecast, Overshadowing Strong Results
Cisco Systems Inc., the biggest maker of computer networking equipment, delivered better-than-expected quarterly results and an upbeat outlook for the current period, but a conservative annual forecast brought a muted reaction from investors.
Datadog raises annual forecast betting on AI-driven cybersecurity demand
Datadog raised its full-year revenue to be about $2.66 billion, compared to its earlier expectation of between $2.62 billion and $2.63 billion. An increasing number of Datadog customers are deploying their artificial intelligence apps in live production,
Singapore's Grab raises annual revenue forecast, shares jump
Singapore's Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust growth in its food delivery and ride-hailing businesses during the busy holiday season.
Grab raises annual revenue forecast, shares jump
Singapore's Grab Holdings GRAB.O raised its forecast for fiscal 2024 revenue on Monday (Nov 11), as it anticipates robust growth in its food delivery and ride-hailing businesses. US-listed shares of the company jumped over 10 per cent in extended trading.
Cisco Systems Beats Estimates Despite Lower Revenue, Profit
The networking-equipment company results were hurt by $665 million in restructuring and other charges, but still beat analyst estimates, boosted by investments to support artificial intelligence.
Cisco Lifts Its Forecast as Earnings Top Expectations, Despite Declining Revenue
Cisco Systems (CSCO) reported fiscal first-quarter earnings that exceeded analysts’ expectations and raised its full-year forecast, despite declining revenues. The networking-equipment provider reported first-quarter net income of $2.
Cisco raises annual revenue forecast as AI spurs networking tools demand
Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products. Companies have ramped up investments in AI technologies which require heavy computing power,
Cisco Beats Earnings Estimates and Boosts Outlook. Why the Stock Is Still Down.
Cisco reported fiscal first-quarter adjusted earnings of 91 cents a share, beating Wall Street’s estimate by four cents.
Cisco reports fourth straight quarter of declining revenue
Cisco's quarterly results surpassed expectations, and the company pushed up its full-year revenue target. Revenue dropped 5% from a year earlier, a fourth straight quarter of declines. Cisco reported a fourth straight quarter of declining revenue even as results topped analysts' estimates.
2d
on MSN
Grab Raises Revenue Forecast After Profit Beat
The company lifted its annual revenue growth forecast to 17%-18% and raised its full-year adjusted Ebitda projection to ...
Reuters
2d
Novavax cuts 2024 revenue forecast again on lower COVID vaccine sales
Nov 12 (Reuters) - Novavax (NVAX.O), opens new tab cut its
annual
revenue
forecast
on Tuesday, citing ...
TradeWinds
2h
Fincantieri hikes annual forecast after booking billions in new orders
As well as raising its revenue estimates, Fincantieri confirmed that it expects its Ebitda margin to remain around 6% this ...
thedeepdive
9d
Palantir Sees 30% Revenue Jump in Q3 2024, Raises Revenue Guidance Again
(NYSE: PLTR) has raised its annual revenue forecast for 2024 for the third time this year. The company now anticipates ...
1d
on MSN
Federer-Backed on Lifts Annual Sales Forecast on Strong Holiday Season Demand
The Roger Federer-backed sportswear maker's efforts to invest in marketing by sponsoring athletes at the Paris Olympics, as ...
U.S. News & World Report
10d
Vertex Pharma Lifts Annual Revenue Forecast on Cystic Fibrosis Treatments Strength
(Reuters) - Vertex Pharmaceuticals raised its
annual
revenue
forecast
on Monday after it beat third-quarter estimates on demand for its cystic fibrosis (CF) treatments. The drugmaker now expects ...
7d
BCE Falls to 13-Year Low Amid Revenue Forecast, Price War
BCE Inc. predicts full-year revenue will slip as a price war unfolds in the wireless sector. The Canadian telecom company’s ...
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