Wednesday was an afternoon filled with tech earnings reports. There were far too many to cover with any degree of rigor in a single post. Just to note-all of the earnings beat, most of the guidance was a raise, and earnings improvements were part of the process. Earnings of note that I follow that fell…
Workday Workday reported the results of its fiscal Q2, after market close on Tuesday. Almost all investors and interested parties expected to see an upside, and an upside of sorts is what they got. As I had pointed out in an earlier post on the subject, it can be hard to make money speculating on…
Buy the rumor, sell the news-so is the old market adage. Couple that with a world made of soundbites and analysis on the fly and headlines. For many people that seems to fill the “need for speed” and the story of Nutanix reaction to a great earnings release might be explained. Nutanix shares after hours…
Salesforce Salesforce reported the results of its fiscal Q2 last evening. Before diving into some company specifics, I think subscribers should consider the following quotation from the company founder, whose knowledge of this space from a sales perspective is simply peerless. “I’ve never seen such a robust spending environment…I’ve never seen CEO’s spend so aggressively.…
BOX Box reported the results of its fiscal Q2. The results were not terribly inspiring and the shares have fallen-about 10% as of this writing. I haven’t been tempted to jump on or into Box despite its valuation. Yes, Box shares are valued lower than some of their peers. But low valuation alone is never…
HPE HPE reported some reasonably encouraging numbers for its fiscal Q3 on Tuesday afternoon. The shares showed a barely positive reaction after-hours. Readers should remember that HPE is at best a GARP story, and for the most part, its valuation has been at value levels for some years now given the fact that even GARP…
Summary VMW reported the results of its fiscal Q2 late last week. The results were a beat and raise quarter, albeit with some confusion as to how the raise should be calculated. The company shares fell because bookings metrics were considered mediocre by some. The company is really firing on all cylinders with strong growth…
This afternoon, 4 names that I follow carefully reported their results. And a company that is a recent IPO< OPRA, also reported its results and as they had revenues rising by 50%, far above expectations, it is another name on which I want to focus some attention. It is not feasible for me to provide…
Pure Storage-another quarter of strong operating performance starts to cure the “Doubting Thomas” syndrome Pure is soon to reach its 3rd birthday as a public company. The company’ first quarterly report featured full year revenues of $440 million-for the year as a whole, along with GAAP operating margins of negative 41%. This latest quarter, Pure’s fiscal Q2…
Summary EPAM is one of the dustier corners within the IT outsourcing space, with surprisingly little interest in the shares despite stellar operating performance. The company, with much of its service delivery capability coming from Eastern Europe, continues to grow at rates far in excess of the Indian peers. The company has the ability to…