Tag: annual revenue
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India’s Infosys lowers annual revenue growth forecast
BENGALURU, Oct 23 Reuters) – Infosys trimmed its annual revenue growth forecast on Friday despite marginally beating estimates for quarterly revenue after demand from its energy and utility clients picked up.Revenue at India’s second-largest IT services provider rose 10.7 per cent to 492.44 billion rupees (
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Hasbro raises annual revenue forecast on strong demand for digital games
Oct 20 : Hasbro raised annual revenue forecast on Tuesday, betting on strong demand for its digital games, including “Magic: The Gathering”, ahead of the crucial holiday season.The Play-Doh maker has posted consecutive gains in its digital gaming segment over the past seven quarters, while an increase in sale
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BlackBerry lifts annual revenue forecast on strength in automotive software business
Sept 24 : BlackBerry raised its full-year revenue forecast on Thursday after its QNX software business reported record quarterly revenue, driven by growth in automotive and new design wins.US-listed shares of the company rose about 3 per cent in premarket trading. Revenue at BlackBerry’s QNX division
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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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Salesforce raises annual revenue forecasts, expands AI partnership with Anthropic
Aug 26 : Salesforce lifted its full-year revenue forecast and announced an expanded partnership with AI giant Anthropic on Wednesday, sending the enterprise software company’s shares up 14 per cent in extended trading.The companies’ new “Claudeforce” initiative will integrate Anthropic’s Claude AI models acro
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Salesforce raises annual revenue forecasts on AI product momentum
Aug 26 : Salesforce raised its annual revenue forecast on Wednesday, signaling confidence that enterprise adoption of its new AI-powered autonomous agents will accelerate sales, sending its shares up 12 per cent in extended trading.The enterprise software giant and Anthropic announced an expanded partnership,
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CrowdStrike raises annual revenue forecast on strong cybersecurity demand
Aug 26 : CrowdStrike beat second-quarter earnings estimates and raised its annual revenue forecast on Wednesday, as demand for its cloud-based cybersecurity platform continued to grow.Shares of the Austin, Texas-based company rose more than 10 per cent in extended trading.• CrowdStrike is a cloud-nat
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Cisco forecasts annual revenue above estimates on sustained AI spending
Aug 12 : Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.Shares of the San Jose, California-based company rose 3 per cent in extended trading. They have climbed over 56 per
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EPAM cuts annual revenue forecast on weak software services demand, shares fall
Aug 6 : EPAM Systems on Thursday cut its annual revenue forecast, indicating slowing demand for its software services and sending its shares down more than 18 per cent.The company provides a wide range of IT services including consulting, cloud and AI transformation and software engineering.Here are so
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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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