Tag: raises annual
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IBM raises annual software revenue outlook as deal delays ease
Oct 21 : IBM finance chief James Kavanaugh on Wednesday said delayed software deals that rattled investors in the last quarter were beginning to close, as the company lifted its forecast for the business and reported better-than-expected third-quarter earnings.In an interview with Reuters, Kavanaugh said IBM
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AT&T raises annual profit forecast on strong demand for bundled plans
Oct 21 : AT&T raised its annual adjusted profit forecast on Wednesday after beating quarterly revenue and profit estimates, betting on its service bundles to drive growth and help prevent customers from switching to rivals.About 43 per cent of households signing up for AT&T’s internet services also opt for i
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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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HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.Shares of the company, however, fell 8 per cent in extended trading.
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Marvell raises annual forecasts, but shares fall as Google deal questions linger
Aug 27 : Marvell Technology failed to provide a meaningful increase to its long-term revenue outlook despite signing a major new AI chip agreement with Google, disappointing investors looking for evidence that the deal would accelerate growth sooner.The chipmaker’s shares slid over 6 per cent after hours on T
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Salesforce raises annual forecasts, expands AI partnership with Anthropic
Aug 26 : Salesforce lifted its annual revenue and profit forecasts on Wednesday and rolled out a new plug-in combining its capabilities with Anthropic’s Claude AI models, sending its shares up 14 per cent in extended trading. Dubbed “Claudeforce”, the initiative marks an expansion in the companies’ partnershi
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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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Synopsys raises annual forecasts on AI-driven chip design software demand
Aug 26 : Synopsys on Wednesday raised its annual revenue and profit forecasts, as the AI boom drives investments in chips and infrastructure, boosting demand for the firm’s chip design software. AI-related design demand has risen sharply as chipmakers invest in more advanced semiconductor systems, while tech
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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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