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Zacks News
Pinterest's (PINS) Q2 Loss Widens Y/Y, Revenues Increase
by Zacks Equity Research
Pinterest's (PINS) second-quarter 2020 results reflect user base expansion boosted by coronavirus-led lockdown, partially offset by a decrease in advertising demand.
FormFactor (FORM) Tops Q2 Earnings Estimates, Lags Revenues
by Zacks Equity Research
FormFactor's (FORM) second-quarter earnings are driven by strong demand for both Foundry & Logic probe cards. However, Systems revenues remain weak due to impacts from the COVID-19 pandemic.
Alphabet (GOOGL) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Alphabet's (GOOGL) Q2 earnings and revenues beat the Zacks Consensus Estimate. The cloud and YouTube businesses remain strong, while advertising growth slows down in the quarter due to the pandemic
Mettler-Toledo (MTD) Q2 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Mettler-Toledo International (MTD) reports decent Q2 results, with impressive growth in China. However, demand in the end markets served by the company is negatively impacted by the COVID-19 pandemic.
Proofpoint's (PFPT) Q2 Earnings and Revenues Top Estimates
by Zacks Equity Research
Proofpoint's (PFPT) second-quarter 2020 results reflect solid demand for its products and expansion of the international business.
Xilinx's (XLNX) Q1 Earnings Beat Estimates, Decline Y/Y
by Zacks Equity Research
Adverse impact of the Huawei ban and other trade-related uncertainties, along with the pandemic-led crisis, hurt Xilinx's (XLNX) overall Q1 performance.
Arrow's (ARW) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Arrow's (ARW) Q2 results reflect benefits from strong demand for software, cloud and security solutions amid the pandemic-led remote-working wave.
Atlassian (TEAM) Q4 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Atlassian's (TEAM) Q4 results reflect benefits from new customer wins and high-margin subscription revenue business.
Silicon Motion (SIMO) Q2 Earnings Beat, Revenues Up Y/Y
by Zacks Equity Research
Silicon Motion (SIMO) second-quarter results reflect year-over-year improvement in demand for SSD Solutions. However, the company's bleak third quarter and 2020 revenue guidance is a concern.
Qorvo (QRVO) Q1 Earnings Top Estimates, Stock Up on Solid View
by Zacks Equity Research
Qorvo's (QRVO) first-quarter fiscal 2021 results benefit from increased demand for 5G handsets and robust improvement in the Infrastructure and Defense Products (IDP) business.
MACOM (MTSI) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
MACOM's (MTSI) fiscal third-quarter results benefit from strength across telecom and data center markets.
PTC Surpasses Q3 Earnings Estimates, Tweaks 2020 Guidance
by Zacks Equity Research
PTC's third-quarter fiscal 2020 results reflect improvement in AR as well as solid performance across Core and Growth product groups.
PayPal (PYPL) Earnings and Revenues Beat Estimates in Q2
by Zacks Equity Research
PayPal's (PYPL) second-quarter results reflect solid growth in net new active accounts and digital payments boom.
Blackbaud (BLKB) Q2 Earnings Top Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Blackbaud's (BLKB) second-quarter 2020 results reflect the impact of growth in recurring revenues.
Cognizant (CTSH) Q2 Earnings Beat, Revenues Increase Y/Y
by Zacks Equity Research
Cognizant's (CTSH) second-quarter 2020 results reflect improved top line driven by client demand in cloud and enterprise application services, IT modernization and digital engineering.
Maxim (MXIM) Q4 Earnings Match Estimates, Revenues Beat
by Zacks Equity Research
Maxim Integrated Products (MXIM) reports decent fiscal fourth-quarter results, with the top line surpassing the Zacks Consensus Estimate and the bottom line matching the same.
Lam Research (LRCX) Q4 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Lam Research (LRCX) reports stronger-than-expected fiscal fourth-quarter results driven by broad-based secular growth across data transport, analysis and storage.
CoStar Group (CSGP) Q2 Earnings Beat, Revenues Increase Y/Y
by Zacks Equity Research
CoStar's (CSGP) second-quarter 2020 results benefit from robust traffic on Apartments.com and LoopNet marketplaces.
Dynatrace (DT) to Report Q1 Earnings: What's in the Cards?
by Zacks Equity Research
Dynatrace's (DT) first-quarter fiscal 2021 earnings are expected to have gained from robust adoption of its solutions despite adverse impact of the coronavirus pandemic.
Analog Devices (ADI) Upgraded to Strong Buy: Here's What You Should Know
by Zacks Equity Research
Analog Devices (ADI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Why Analog Devices (ADI) Stock Might be a Great Pick
by Zacks Equity Research
Analog Devices (ADI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The Zacks Analyst Blog Highlights: PepsiCo, Disney, Jack in the Box, Maxim Integrated and Analog Devices
by Zacks Equity Research
The Zacks Analyst Blog Highlights: PepsiCo, Disney, Jack in the Box, Maxim Integrated and Analog Devices
Chip ETFs in Focus on Analog Devices Deal to Buy Maxim
by Sweta Killa
Analog Devices plans to acquire rival semiconductor Maxim Integrated Products for $21 billion in an all-stock deal.
California Closes Down as COVID Cases Rise
by Mark Vickery
The most populous 30 counties in the state, accounting for 80% of California's population, are being particularly affected.
Analog Devices (ADI) Eyes Maxim to Strengthen Chip Portfolio
by Zacks Equity Research
Analog Devices (ADI) is in advanced talks to acquire Maxim in a bid to expand footprint in the semiconductor industry.