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Zacks News
Here's Why Investors Need to Watch for Pure Storage (PSTG)
by Zacks Equity Research
Pure Storage's (PSTG) performance is benefiting from its subscription services revenues and the growing clout of FlashArray solutions.
BCE Acquires Distributel to Boost Internet Services in Canada
by Zacks Equity Research
BCE announces the acquisition of Distributel to expand its reach in the Canadian markets.
BOX Upgrades e-Signature Capability With Innovative Features
by Zacks Equity Research
BOX enhances Box Sign with novel features to help Box customers optimally use the Box content cloud without additional costs.
Methode Electronics (MEI) Q1 Earnings Beat, Sales Fall Y/Y
by Zacks Equity Research
Methode Electronics' (MEI) first-quarter fiscal 2023 results reflect lower sales volumes in the Automotive segment, mostly due to dwindling demand in Asia and Europe.
Garmin (GRMN) Expands Fitness Offerings With Kids' Wearable
by Zacks Equity Research
Garmin (GRMN) unveils a watch named the Black Panther, a special edition vivofit jr. 3, to provide an enhanced fitness tracking experience for children.
Seagate's (STX) Lyve Cloud Services Offered by Climb Channel
by Zacks Equity Research
Lyve Cloud is Seagate's (STX) storage-as-a-service platform (only S3-compatible) designed to help businesses manage unstructured data growth
Ciena (CIEN) Q3 Earnings & Revenues Miss Estimates, Down Y/Y
by Zacks Equity Research
Ciena's (CIEN) Q3 revenues are affected by lingering supply chain issues.
Semtech's (SMTC) Q2 Earnings and Sales Surpass Estimates
by Zacks Equity Research
Semtech's (SMTC) second-quarter fiscal 2023 results reflect strength in the LoRa business, the ClearEdge and Tri-Edge platform, and 10G PON products.
Lumen (LUMN) Debuts New Solutions for Managing Enterprise SASE
by Zacks Equity Research
Lumen (LUMN) states that the combination of Lumen SASE Solutions and the Lumen SASE Manager will help customers to tighten cybersecurity and upgrade their network.
Seagate (STX) Slashes Q1 Outlook Amid Macroeconomic Weakness
by Zacks Equity Research
Seagate (STX) now expects revenues to be $2.1 billion (+/- $100 million) against the previous guidance of $2.5 billion (+/- $150 million) for the first quarter of fiscal 2023.
Pure Storage (PSTG) Q2 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Pure Storage's (PSTG) Q2 results gain from strong subscription services and revenue growth in domestic and international segments amid a challenging macroeconomic backdrop.
Trimble (TRMB) to Widen Farmer Reach With Bilberry Acquisition
by Zacks Equity Research
Trimble (TRMB) inks a deal to buy Bilberry to enhance its crop-protection solutions and solidify its Agriculture Division.
Roper (ROP) Inks $3.73B Deal to Acquire Frontline Education
by Zacks Equity Research
Roper's (ROP) impeding acquisition of Frontline Education builds on its Horizon software business, expanding its presence in the K-12 education market.
Why Is Arista Networks (ANET) Up 3.4% Since Last Earnings Report?
by Zacks Equity Research
Arista Networks (ANET) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Alphabet (GOOGL) Boosts India Reach With Reliance Partnership
by Zacks Equity Research
Alphabet's (GOOGL) Google extends ties with Reliance to bring a budget 5G smartphone to India's mass population.
Photronics (PLAB) Q3 Earnings Top Estimates, Revenues Up Y/Y
by Zacks Equity Research
Photronics (PLAB) fiscal third-quarter results reflect demand for EUV applications and semiconductor content in consumer goods driving demand for integrated circuits.
Generac Holdings' (GNRC) DERMS Solution Used by Dominion Energy
by Zacks Equity Research
Generac Holdings (GNRC) Concerto platform leveraged by Dominion Energy Virginia to improve grid stability.
Teradata (TDC) Expands Cloud Offering With VantageCloud Lake
by Zacks Equity Research
Teradata (TDC) unveils VantageCloud Lake to provide scalability and durability, and maximize the consumption cost for workload management and workload isolation.
NetApp (NTAP) Extends Existing Partnership With VMware (VMW)
by Zacks Equity Research
NetApp (NTAP) collaborates with VMware (VMW) to help customers reduce the cost and risk of modernizing data-intensive workloads in multi-cloud environments.
SONY Plans to Tap Mobile Gaming Market With Savage Game Buyout
by Zacks Equity Research
Sony announces the acquisition of Savage Game Studios for an undisclosed amount to further bolster its mobile gaming efforts.
JOYY (YY) Q2 Earnings Beat Estimates, Revenues Decline Y/Y
by Zacks Equity Research
JOYY's (YY) second-quarter 2022 results hurt by global macroeconomic uncertainties and the seasonality impact of the Ramadan holiday in the Middle East.
Vishay's (VSH) New Inductor Boosts Passive Component Offering
by Zacks Equity Research
Vishay (VSH) introduces the IHSR-6767GZ-5A inductor, which is likely to drive momentum across high-current filtering applications.
SONY Raises Price of PS5 Amid Global Economic Challenges
by Zacks Equity Research
SONY announces raising the price of its PlayStation 5 (PS5) console due to rising inflation and weakness in yen.
Onto Innovation (ONTO) Sets Up Training Center to Aid Clients
by Zacks Equity Research
Onto Innovation (ONTO) announces a new training center in South Korea to aid its clients across Asia in utilizing its diversified portfolio of solutions.
VMware (VMW) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
VMware's (VMW) second-quarter fiscal 2023 results reflect top-line growth, driven by robust Subscription & SaaS revenues.