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Zacks News
3 Storage Devices Stocks to Look For Amid Industry Weakness
by Vaishali Doshi
Despite macroeconomic headwinds and supply chain troubles, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, PSTG and TDC.
Pure Storage (PSTG) Rolls Out New FlashBlade//E: Key Takeaways
by Zacks Equity Research
Pure Storage (PSTG) FlashBlade//E solution is expected to be available from end of April 2023.
Pure Storage (PSTG) Q4 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Pure Storage's (PSTG) Q4 performance was driven by increases in Product and Subscription revenues amid weakening enterprise IT spending and global macroeconomic turmoil.
Pure Storage (PSTG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
by Zacks Equity Research
Although the revenue and EPS for Pure Storage (PSTG) give a sense of how its business performed in the quarter ended January 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Pure Storage (PSTG) Beats Q4 Earnings Estimates
by Zacks Equity Research
Pure Storage (PSTG) delivered earnings and revenue surprises of 35.90% and 0.13%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
Pure Storage (PSTG) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
Pure Storage's (PSTG) fourth-quarter performance is likely to have benefited from continued momentum in its subscription services, namely Pure as-a-Service subscription, Portworx and Evergreen Storage.
NetApp (NTAP) Q3 Earnings Top Estimates
by Zacks Equity Research
NetApp (NTAP) delivered earnings and revenue surprises of 4.58% and 5.58%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
Quantum Corp. (QMCO) Q3 Earnings and Revenues Top Estimates
by Zacks Equity Research
Quantum Corp. (QMCO) delivered earnings and revenue surprises of 300% and 7.95%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Western Digital (WDC) Reports Loss in Q2, Revenues Beat
by Zacks Equity Research
Western Digital (WDC) fiscal second quarter top line was affected by challenging flash pricing environment.
Super Micro Computer (SMCI) Tops Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Super Micro (SMCI) delivered earnings and revenue surprises of 3.49% and 2.02%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Aspen Technology (AZPN) Q2 Earnings & Revenues Miss Estimates
by Zacks Equity Research
Aspen Technology's (AZPN) fiscal second-quarter performance benefits from acquistion of Emerson's OSI and SSE businesses amid prevailing global macroeconomic uncertainty.
Plexus (PLXS) Q1 Earnings Top Estimates, Revenues Surge Y/Y
by Zacks Equity Research
Plexus' (PLXS) first-quarter fiscal 2023 results benefit from continued momentum across all segments and regions.
Seagate (STX) Q2 Earnings & Revenues Top Estimates, Down Y/Y
by Zacks Equity Research
Seagate's (STX) second-quarter fiscal 2023 performance continues to be affected by economic slowdown in China related to COVID-19 and work down for nearline HDD inventories by clients.
Axcelis (ACLS) Purion Solution Continues to Gain Traction
by Zacks Equity Research
Axcelis (ACLS) announces follow-on shipments of the Purion Power Series ion implanter systems that include solutions like Purion H200 high current, Purion XE high energy and the Purion M medium current implanters
Western Digital (WDC) & Kioxia Reportedly Pursue Merger Talks
by Zacks Equity Research
Western Digital (WDC) and Japan-based Kioxia are holding advanced talks for a possible merger, per the latest report from Bloomberg.
Here's Why You May Consider Adding WIX to Your Portfolio
by Zacks Equity Research
WIX's performance is benefiting from continued momentum seen in annualized recurring revenues from Creative subscriptions along with robust uptake of Wix Payments and other applications.
Simulations Plus (SLP) Rolls Out New Version of DILIsym
by Zacks Equity Research
Simulations Plus' (SLP) latest DILIsym version X has a redesigned software infrastructure that includes server/cloud computing functionalities as well as command line and graphical interface options.
Here's Why You Need to Keep an Eye on Cirrus Logic (CRUS)
by Zacks Equity Research
Cirrus Logic's (CRUS) performance is benefiting from increasing demand for its high-performance mixed-signal segment.
Here's Why Investors Should Consider Buying Pure Storage (PSTG)
by Zacks Equity Research
Pure Storage's (PSTG) performance is benefiting from the growing demand for its FlashArray and FlashBlade businesses.
Cutera (CUTR) Announces Preliminary Full-Year 2022 Results
by Zacks Equity Research
Cutera (CUTR) now expects revenues to be in the range of $252-$253 million against previously guided revenue range of $255-$260 million for 2022.
Here's Why DecisionPoint (DPSI) Seems a Smart Investment Bet
by Zacks Equity Research
DecisionPoint's (DPSI) performance is benefiting from strong demand for products across most of the verticals. Also, strong relationships with the OEMs and distribution partners act as tailwinds.
Zacks Industry Outlook Highlights NetApp, Pure Storage and Super Micro Computer
by Zacks Equity Research
NetApp, Pure Storage and Super Micro Computer have been highlighted in this Industry Outlook article.
3 Storage Devices Stocks to Watch for in a Challenging Industry
by Vaishali Doshi
Despite macroeconomic headwinds and supply chain troubles, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, PSTG and SMCI.
Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for SKYY
Why Is Pure Storage (PSTG) Down 10.6% Since Last Earnings Report?
by Zacks Equity Research
Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.