Revenues from BlackBerry’s (BB) Enterprise Software and Services business fell from $91.0 million in fiscal Q2 2018 to $88.0 million in fiscal Q2 2019.
Red Hat was trading at a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of ~21.78x on September 29, 2017.
Of the 34 analysts covering VMware, 62% gave it a “buy” recommendation on August 29, 2017, and 38% gave it a “hold” recommendation. There are no “sell” recommendations on the stock.
VMware’s hybrid cloud and software-as-a-service offerings on the back of AirWatch SaaS and vCloud Air Network rose in the double digits year-over-year.
Citrix Systems (CTXS) merged GoTo with LogMeIn (LOGM) in February in a $1.8 billion transaction. In its first quarterly report since the spin-off, CTXS posted 1Q17 EPS of $0.97, topping the consensus estimate of $0.95.
In the virtualization space, VMware faces stiff competition from Microsoft’s Hyper-V, Citrix Systems’ Xen, and Red Hat’s RHEV (Red Hat Enterprise Virtualization).
Amazon (AMZN) recently threw its hat into the workplace collaboration services ring with the launch of Chime, the company’s version of Microsoft’s (MSFT) Skype for Business.
VMware (VMW) parted with $1.3 billion three years ago to acquire Nicira, a software-defined networking company. Now, VMware is beginning to show that it made the right decision.
The sectoral breakdown of SHRAX is unlike any other mutual fund in this review, with healthcare as its biggest holding, commanding 35% of the portfolio.
VMware was trading at a forward EV-to-EBITDA multiple of 9.2x on August 29, 2016. This was lower than Microsoft’s and Citrix Systems’ multiples of 10.0x and 11.1x, respectively.
VMware in its fiscal 4Q15 earnings release stated that the company was named as a leader in “The Forrester Wave: Hybrid Cloud Management Solutions, Q1 2016.”
Though it failed to report revenue growth, IBM’s revenue and EPS of $22.1 billion and $4.84 beat analysts’ expectations by $20 million and $0.03 per share.
On January 19, 2016, IBM will release its fiscal 4Q15 results. In the last 14 consecutive quarters, IBM has not reported any revenue growth. IBM beat Thomson Reuters’s consensus EPS estimate of $3.30 in fiscal 3Q15.
F5 Networks has outperformed its peers based on PBV and PS. ETFs have outperformed F5 Networks based on price movement and PE. However, F5 Networks is way ahead of its ETFs based on PBV.
F5 Networks’ (FFIV) year-to-date price movement has been a mixture of ups and downs in 2015. After the 4Q15 earnings report, FFIV rose 0.87% to close at $121.34 per share on October 28, 2015.
ServiceNow announced its 3Q15 results on October 21 and posted revenues and non-GAAP earnings per share of $261.2 million and $0.15 per share, respectively.
Progress Software has a market cap of $1.29 billion. After the earnings report in 3Q15, it fell by 0.77% and closed at $25.63 per share as of October 1, 2015.
Recently, Global Computer Technology switched from IBM (IBM) Guardium deployment to Imperva SecureSphere to protect its database from potential cyberattacks.
Microsoft Corporation and VMware recently announced their partnership in called venture called Project A2, which aims to speed up the Windows 10 adoption.
In 4Q15, Autodesk’s subscription business grew 17% to $300 million, beating analysts’ estimates. ADSK’s cloud-based products, Fusion 360 and PLM 360, increased its customer base.
EMC’s core technology division now includes three of the company’s former divisions: enterprise, mid-range systems, and data protection and availability.
Sabre’s April 2014 initial public offering (IPO) sold for $16 per share and valued Sabre at $3.93 billion. Sabre generated $673 million of net proceeds from the IPO.
Allison Transmission generates net sales primarily from the sale of transmissions, transmission parts, support equipment, defense kits, engineering services, and extended transmission coverage.
The exponential growth in data, coming from varied sources like social, mobile, and cloud is presenting a lot of opportunities. It’s changing the way technology leaders function, which is the reason why they’re focused on non-linear growth, platforms, and analytics initiatives to be competitive.
In July, 2014 EMC announced the VMAX3 TM family. VMAX3 transforms VMAX from an enterprise storage to an open enterprise data service platform. It allows organizations to swiftly shift from on premise infrastructure to an agile data center infrastructure.
VMware leads virtualization infrastructure solutions with around a 60% share of the server virtualization market—the company recently posted 2Q14 results above street estimates with revenue up 17% to $1.46 billion from $1.24 billion in the same quarter last year.
“Big data” analysis requires large data set analysis and the creation of advanced analytic algorithms that are designed to identify insights, patterns, and trends that aren’t understood yet.
