Tag: revenue
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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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Intuit’s annual forecast falls short of estimates as it prioritizes customer growth
Aug 25 : Intuit forecast annual revenue below Wall Street expectations on Tuesday, as the TurboTax maker said its push for customer growth and market-share gains would weigh on near-term sales.Shares of the California-based company, which have fallen more than 44 per cent so far this year, were down 13 per ce
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Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
Aug 14 : As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now.Anthropic is projecting 2028 revenue…
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Exclusive-Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
Aug 14 : As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now.Anthropic is projecting 2028 revenue…
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Applied Materials forecasts revenue above estimates, shares fall on high expectations
Aug 13 : Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment.Even so, its shares dropped more than 5 per cent in extended trading as l
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Applied Materials sees revenue above estimates, shares fall on high expectations
Aug 13 : Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for advanced AI chips will continue to fuel robust spending on its semiconductor manufacturing equipment.The company, which supplies tools for key wafer fabrication processes suc
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Sandisk forecasts mid-to-high-teens revenue growth through 2030
Aug 13 : Sandisk on Thursday said it expects revenue to grow at a mid-to-high-teens percentage rate from fiscal years 2028 to 2030, encouraged by strong demand amid rapid AI infrastructure buildout.The company said the projection is in line with growth in the amount of storage capacity it produces, a metric t
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