Shares of the cloud-based data warehousing company have risen 8.6% this year but are down 2.3% in the past 12 months.
For the fiscal second quarter, which ended in July, analysts polled by FactSet forecast non-GAAP earnings of 10 cents a share. Analysts forecast product revenue will be $626 million, with overall revenue of $662 million. Expectations for the quarter took a hit in May when the company provided a forecast for product revenue of between $620 million and $625 million. That was below expectations at the time of $649 million.
Investors will also be paying close attention to see if the company adjusts its full-year outlook, which includes product revenue of $2.6 billion and a non-GAAP operating margin of 5%.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Baidu Earnings: BIDU rises 4% following 43% increase in adjusted earningsBaidu (BIDU) stock surged in Tuesday’s premarket following the Chinese search giant’s release of a major earnings beat for the quarter ending June 30
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »
This chip stock could yield a quick profit, depending on Nvidia's earnings, Morgan Stanley saysHow well Nvidia performs Wednesday could have implications for this derivative play, according to Morgan Stanley.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Nvidia’s stock snaps losing streak and sits 1% below record close as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the company's report.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Dow futures slip, Zoom lifts 4% after earnings By Investing.comDow futures slip, Zoom lifts 4% after earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »
Zoom's stock pops 8% on strong earnings, guidanceZoom Video Communications Inc.’s stock climbed in extended trading Monday, after the videoconferencing company topped expectations across the board with its...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Dick’s Sporting Goods announces hundreds of layoffs ahead of earningsRetailer Dick's Sporting Goods has cut hundreds of corporate jobs ahead of its quarterly earnings release Tuesday.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »