Tag: lifts annual
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Snowflake lifts annual revenue forecast on cloud and AI demand, shares soar
Sept 2 : Snowflake on Wednesday beat Wall Street estimates for quarterly results and raised its full-year product revenue forecast as demand rises for its cloud data platform and AI offerings, sending shares surging over 20 per cent in extended trading. The company has benefited from demand for its core cloud
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Snowflake lifts annual product revenue forecast, shares soar
Sept 2 : Snowflake raised its full-year product revenue forecast on Wednesday, betting on strong demand for its cloud data platform and AI offerings, sending its shares up more than 20 per cent in extended trading. The company now expects fiscal 2027 product revenue of $6.07 billion, compared with its previo
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Dell again lifts annual forecasts as AI demand powers record results
Sept 1 : Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers.Dell’s shares rose 7 per cent in extended trading.The servers, equipped with Nvidia’s chips, are soug
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Versant lifts annual revenue forecast as digital growth offsets pay-TV weakness
Aug 6 : Versant Media raised its annual revenue forecast on Thursday as higher advertising sales, driven by strong demand for its news and sports programming, and digital platform growth offset weak quarterly pay-TV distribution revenue.Shares of the New York-based company rose 7.4 per cent in premarket tradi
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Motorola Solutions lifts annual guidance on resilient public safety demand
Aug 5 : Motorola Solutions raised its full-year revenue outlook above Wall Street estimates, betting on strong demand for public safety communications equipment and software.The company, which makes radio communication equipment, 911 emergency call handling software, and body cameras widely used by law enforc
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Figma lifts annual revenue forecast as AI efforts drive solid demand
Aug 5 : Figma lifted its annual revenue forecast on Wednesday, encouraged by strong demand for its design software products, as the company’s efforts to integrate AI in its tools helped attract and retain more users. Shares of the company, however, fell 10 per cent in extended trading after it kept its annual
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Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics
Aug 3 : Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong government and commercial demand for its data analytics software, sending its shares up 14 per cent in extended trading.Denver-based Palantir has increasingly been marketing military-grade AI tools to businesses
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Palantir lifts annual revenue forecast as data analytics spending booms
Aug 3 : Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients, sending its shares up 8 per cent in extended trading.Modern warfare and geopolitical uncertainty have prompted governments to invest
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Cognizant lifts annual profit forecast on strong financial services growth
July 29 : Cognizant Technology on Wednesday raised its annual adjusted profit forecast after recording strong growth in its financial services business and continued operating margin expansion in the second quarter, even as enterprises remained cautious about discretionary spending. Shares of the company wer
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Verizon lifts annual forecasts, signs $1 billion fiber deal with Google
July 24 : Verizon raised its annual adjusted profit forecast and said it had secured a more than $1 billion deal with Google to provide dark fiber connectivity for its data centers, sending the telecom operator’s shares up 3 per cent.More agreements are expected by the year-end that could generate multiple bi
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