Nutanix exceeds financial expectations, share price jumps
Nutanix exceeded expectations in the fourth quarter of its fiscal year. The stock price jumped 20 percent in after-hours trading. The company forecasted promising results for the first quarter of the coming fiscal year.
Nutanix seems to be doing better than most. Various tech companies posted di... Read more
Splunk appoints Gary Steele as new CEO
Splunk appoints Gary Steele as its new top executive. Steele is the current CEO of security specialist Proofpoint. Additionally, Splunk announced the annual results for the fiscal year 2022.
The arrival of Gary Steele should put an end to a period of unrest at Splunk. This unrest arose from disa... Read more
Snowflake share price plummets regardless of notable yearly growth
Although Snowflake generated a hefty turnover in the past fiscal year, its share prices fell drastically. Furthermore, Snowflake announced the acquisition of Streamlit, an open source framework for building and sharing data applications.
The annual figures for the fiscal year of 2022 show that S... Read more
Salesforce books mega revenue in 2021
Salesforce managed to total sales of nearly 24 billion euros -- a 25 procent increase from 2020.
The Subscription and Support business unit was the highest earner. This unit generated grew by 25 procent and totalled sales of 6.15 billion euros (6.83 billion dollars).
Revenue from market segme... Read more
Dell Technologies posts record revenue
Dell Technologies scored record sales in the past fiscal year. The growth is driven by companies' increasing demand for PCs, laptops and digital transformation.
The tech giant booked record sales of over 90 billion euros ($101.2 billion) -- a 17 percent increase from the year before. Profit came... Read more
Meta shares collapse due to disastrous quarterly results
Facebook parent company Meta recently published its yearly results. Especially the profit in the fourth quarter was lower than expected. The expectations for the first quarter of this year are everything but optimistic. Meta shares plunged 23 percent in hours.
Meta presented the quarterly and an... Read more
IFS reports strong cloud revenue growth in 2021
IFS achieved double-digit growth throughout 2021. In the area of software licenses, sales increased by 22 percent. Recurring revenue increased by 36 percent.
The company's cloud revenue increased by a dramatic 105 percent compared to the previous year. In total, the company posted net sales of 6... Read more