Are Tech IPOs Finally Turning Around?
Switch (SWCH), a data center company, went public on Friday, October 6, and rose 22.6% from its IPO (initial public offering) price of $17.
Juniper Networks (JNPR) returns value to its shareholders through a combination of dividends and stock repurchases.
Juniper Networks (JNPR) clusters its operating verticals as Cloud, Telecom/Cable, and Strategic Enterprises.
Tough competition from rivals Nokia (NOK) and China’s (MCHI) Huawei coupled with weak demand for network equipment is causing serious headaches for Ericsson (ERIC).
Ericsson (ERIC) disappointed investors in the latest quarter as sales plunged and its bottom line deteriorated.
NetApp’s (NTAP) latest quarterly results continued the management’s narrative that the company’s execution strategy is striking the right chord with customers.
NetApp (NTAP) continued beating earnings expectations in the latest quarter, when results also exceeded internal guidance and grew from the year-ago period.
Cisco said its sales in 4Q17 plunged 4.0%, extending its top-line decline to seven consecutive quarters.
Cisco (CSCO) is transitioning its business model to rely more on software sales and recurring revenues.
Investors have come to expect a steady stream of income from Seagate (STX) through dividends.
Little could prepare investors for what Seagate (STX) said transpired in its latest quarter, wherein both sales and earnings fell off target.
Lenovo reported a net loss of $72 million in fiscal 1Q18 compared to a profit of $173 million in fiscal 1Q17.
Storage appliance maker NetApp (NTAP) announced its fiscal 1Q18 results on Wednesday, August 16. The company posted its fifth earnings beat in a row, while revenue was in line with…
On August 16, Cisco Systems (CSCO) reported its results for fiscal 4Q17, which ended in July. The company posted quarterly revenue of $12.1 billion, narrowly beating Wall Street estimates of…
The tech and media sector has seen major developments recently, including some exciting partnerships and acquisitions. Let’s look at what’s to come.
Camera maker GoPro (GPRO) released its fiscal 2Q17 results on Thursday, August 3. GoPro shares have surged by 12% after beating earnings and revenue estimates. The company’s EPS (earnings per…
Computing chip developer Advanced Micro Devices began selling its new generation of high-performance processors for data centers on June 20.
Alphabet has accused Uber of stealing trade secrets.
For the first time in four years, PC maker Lenovo has slipped to second place in the PC market behind HP Inc. (HPQ).
Hewlett-Packard (HPQ) will be announcing its fiscal 2Q17 earnings on May 24, 2017. The company will likely post revenue of ~$11.88 billion for the quarter.