Teradata TDC reported second-quarter 2020 adjusted earnings of 24 cents per share, which beat the Zacks Consensus Estimate by 14.3%. However, the figure decreased 17.2% year over year. Revenues of $457 million also beat the consensus mark by 6%. However, the top line declined 4.4% year over year. At constant […]
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Hardware Stocks Gain After HP (HPQ) Tops Earnings
HP Inc. (HPQ) shares soared 6.15% Friday after the company – known for its personal computers, laptops, and printers – smashed analysts’ quarterly earnings expectations amid a surge in home PC demand during the pandemic. Key Takeaways HP shares moved higher after testing the support of an ascending triangle’s upper […]
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Dell Earnings Tops Estimates on Strong Cost Controls, Consumer PC Demand
Text size Dell finished the quarter with $12.3 billion in cash and investments, offset by $43.6 billion in long-term debt. Pau Barrena / AFP via Getty Images Dell Technologies posted better-than-expected profit for its fiscal second quarter ended July 31, with strong consumer and enterprise business offsetting weakness from small-business […]
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NetApp’s stock jumps 10% as it tops earnings expectations
Data storage hardware and services provider NetApp Inc. posted better-than-expected fiscal first-quarter results today, a day after it was reported to have laid off 5% of its workforce. The company, which sells data center storage hardware and software for managing cloud infrastructure, reported a profits before certain costs such as stock […]