Technology

Golden Ocean Posts Q1 Beat

Golden Ocean Posts Q1 Beat

June 4, 2018 at 1:44 pm

Golden Ocean Group (GOGL) shares were off 1% pre-market Wednesday although the dry bulk shipping company reported it swung to a Q1 net profit of $0.12 per share from a net loss of $0.17 per share in the prior year period. The Street estimate called for earnings of $0.03 per share. Revenue less voyage expenses and commissions was $119.1 million,Read More

Acxiom Fiscal Q4 Results Top Street View

Acxiom Fiscal Q4 Results Top Street View

May 21, 2018 at 1:15 pm

Acxiom (ACXM), a provider of IT services, reported fiscal Q4 results that topped Wall Street expectations, but it guided for downbeat earnings and revenue for the current fiscal year. Non-GAAP EPS increased to $0.27 for the three months ended March 31, from $0.15 a year earlier, surpassing the $0.21 average estimate of analysts surveyed by Capital IQ. Fiscal Q4 revenueRead More

Cisco Meets Q3 Revenue Expectations

Cisco Meets Q3 Revenue Expectations

May 21, 2018 at 1:11 pm

Cisco Systems (CSCO) reported Q3 revenue of $12.46 billion, up from $11.9 billion in the year ago quarter and about in line with the analyst consensus of $12.43 billion on Capital IQ. Non-GAAP earnings were $0.66 per share, an increase over the $0.60 per share posted in the year ago quarter and a penny better than expectations. For Q4, theRead More

Apple Looks at Northern Virginia, North Carolina as Potential Sites for New Campus

Apple Looks at Northern Virginia, North Carolina as Potential Sites for New Campus

May 21, 2018 at 1:07 pm

Apple (AAPL) is exploring plans to build a new 20,000-employee campus in Northern Virginia, according to media reports on Wednesday. Apple’s interest in the area comes a few months after Amazon placed Northern Virginia on its list of 20 finalists for its second headquarters that will house 50,000 employees, named HQ2. Tech giants such as Apple and Amazon (AMZN) mayRead More

Apple Higher-Margin Services Revenue Growth Will Continue Outpacing Total Growth

Apple Higher-Margin Services Revenue Growth Will Continue Outpacing Total Growth

May 4, 2018 at 2:50 pm

The Apple (AAPL) ecosystem approach including an install base of over 1.3 billion devices globally is leading to record services revenue, Canaccord said. The higher-margin services revenue growth will continue outpacing total company growth, the bank added. Apple continues to grow its leading market share of the premium-tier smartphone market with double-digit growth of its installed base, the bank said.Read More

Criteo Q1 EPS of $0.60 on Revenue of $240 Mln Beats Street Forecast

Criteo Q1 EPS of $0.60 on Revenue of $240 Mln Beats Street Forecast

May 4, 2018 at 2:50 pm

Criteo S.A (CRTO), a marketing company, reported Q1 adjusted earnings per share of $0.60, up from $0.46 during the same period last year, and easily beating the Capital IQ consensus forecast of $0.46. Revenue for the quarter, minus traffic acquisition costs (ex-TAC), was $240 million, up from $210 million in the year-ago quarter, and ahead of the analyst forecast ofRead More

Nikola Corp. Files Suit Alleging Tesla Infringement Caused More Than $2 Billion in Damages

Nikola Corp. Files Suit Alleging Tesla Infringement Caused More Than $2 Billion in Damages

May 2, 2018 at 4:33 pm

Nikola Corp., a company that unveiled a design for an electric semi-truck in 2016, sued Tesla (TSLA) in an Arizona court saying the company infringed on some of its patents. The suit alleges that Tesla infringed upon six designs that were patented by Nikola including its wrap windshield, mid-entry door, fuselage, fender, side cladding and overall design. “The Tesla SemiRead More

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