Tag: quarterly results

Here you will find all the articles with the tag: quarterly results.

AMD grows hard in the datacenter at the expense of Intel

AMD grows hard in the datacenter at the expense of Intel

AMD was able to post sales totalling 5.1 billion euros ($5.6 billion) for the fourth quarter of 2022. AMD EPYC processors for datacenter environments were particularly in demand, which therefore contributed significantly to this result. The chip giant was able to record sales totaling $5.6 billi... Read more

date1 year ago
Intel records hefty revenue drop in 2022

Intel records hefty revenue drop in 2022

Intel's annual figures are out. Revenue staggered over 2022. The chip giant said it expects a setback in the first quarter of 2023. Intel generated €58 billion ($63.1 billion) in revenue in all of 2022. The figure is down 20 percent from 2021, when $79 billion in sales was credited to the boo... Read more

date1 year ago
ASML faces 2023 with confidence

ASML faces 2023 with confidence

In spite of chip export bans and international turmoil, ASML is optimistic about this year's sales. The organization showed confidence during the presentation of its most recent quarterly and annual figures. The chip industry giant generated sales of €6.4 billion in the fourth quarter of last... Read more

date1 year ago
ASM International records higher-than-expected quarterly results

ASM International records higher-than-expected quarterly results

Netherlands-based chip manufacturer ASM International booked higher-than-expected results in the fourth quarter of last year. Sales totalled about €720 million instead of the €660 million forecasted. According to the organization, the additional revenue was due to improved supply chain condi... Read more

date1 year ago
Sumo Logic exceeds expectations for sixth quarter in a row

Sumo Logic exceeds expectations for sixth quarter in a row

Sumo Logic's share price rose more than 11 percent after the company's third-quarter results exceeded Wall Street's expectations. The numbers feed a positive outlook for the fourth quarter. Sumo Logic offers a cloud-based platform for observability and app performance management. The firm recent... Read more

date1 year ago
GitLab posts solid third-quarter results

GitLab posts solid third-quarter results

GitLab posted solid results for the third quarter of this year. Revenue totalled €108 million ($113 million). DevOps professionals continue to value the company's software. GitLab managed to book €108 million ($113 million) in sales in the third quarter of 2022, up 69 percent from the same p... Read more

date1 year ago
Co-CEO Taylor leaves Salesforce, Benioff stands alone

Co-CEO Taylor leaves Salesforce, Benioff stands alone

Salesforce co-CEO Bret Taylor is stepping down at the end of January 2023. Marc Benioff will become the sole CEO. The precise reason for Taylor's departure was not disclosed. Salesforce did emphasize that the executive is leaving on his own initiative. Taylor, who has been responsible for Sales... Read more

date1 year ago
HP announces mass layoffs amid market slump

HP announces mass layoffs amid market slump

Market conditions prompted HP to significantly cut its global workforce. The organization announced a round of layoffs affecting up to 10 percent of its personnel. The PC market is in a slump. Various manufacturers posted disappointing quarterly results. HP is feeling the pressure. The organizat... Read more

date1 year ago
VMware posts increase in SaaS and subscription revenue

VMware posts increase in SaaS and subscription revenue

VMware posted a slight increase in revenue in its third financial quarter. Total sales ($3.2 billion) were less than analysts expected. The organization is increasingly driven by revenue from SaaS solutions and subscriptions. VMware recently announced its third fiscal quarter results. Revenue ro... Read more

date1 year ago
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